Disaster (Flood,Coastal,EQ,W-Fire,etc.) News

Tropical Storm Threatens Gulf Oil Disaster Containment

BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said Tropical Storm Bonnie, the …

Army Corps Report Claims Actions Reduced Tennessee Flooding

The U.S. Army Corps of Engineers has concluded its actions during the May floods reduced the Cumberland River’s flood crest in Nashville by 5 feet, but the agency suffered numerous communications problems during the crisis, according to a report released …

Florida Braces for Tropical Storm Bonnie

Tropical Storm Bonnie barreled toward south Florida Friday on a track that was expected to take it over the site of BP Plc’s massive oil spill in the energy-rich Gulf of Mexico by Saturday afternoon. The fast-moving storm was due …

BP Claims Could Exceed $20 Billion, Says Fund Chief Feinberg

The $20 billion fund set up to help compensate victims of BP Plc’s devastating Gulf of Mexico spill does not prevent future lawsuits against the company that exceed that amount, the fund’s administrator said on Friday. Kenneth Feinberg, who also …

70% Chance of Tropical Cyclone Formation Says NHC

A low pressure area, which the National Hurricane Center in Miami has been tracking for several days, now shows strong indications that it will develop into a tropical cyclone. The latest NHC bulletin, published at 8:00 EDT said that “surface …

Obama Opposes Adding Wind Coverage to Federal Flood Insurance

The Obama Administration is again opposing a move to add wind insurance to the federal flood insurance program, as has been pushed by Rep. Gene Taylor, D.-Miss. A statement from the Office of Management and Budget says Taylor’s bill, HR …

Midwest Threatened with More Flooding

The Mississippi River is back above flood stage from the southern tip of Iowa through Missouri, leaving some communities on edge as more storms threaten to bring more water. Parts of southern Iowa, northern Missouri and western Illinois received 5-7 …

Floods, Landslides Kill 37 in China

Rescuers in China were searching Tuesday for 30 people buried in landslides as flood waters from days of heavy rain surged past the Three Gorges Dam, the world’s largest. Soldiers used bulldozers to plow through debris in search of survivors …

Is Global Warming Causing More Frequent, More Powerful Hurricanes?

A workshop held in Lloyd’s Old Library sought to answer that question, by examining the impact global warming could have on the hurricane season. Lloyd’s cited the fact that “analysis of weather patterns and damage losses over the last 100 …

Aon Benfield Launches ‘ImpactOnDemand’ Cat Risk Management Tool

Aon Benfield announced the launch of ImpactOnDemandSM , which it described as a “new generation of its flagship risk management tools, which continue to allow insurers to visualize, quantify and connect their exposures to catastrophic events. Insurers can upload their …