Local taxpayers in Nashville will largely be off the hook for the costs of repairing public facilities damaged by severe flooding in May. The Tennessean quoted Metro Nashville Finance Director Rich Riebeling, who said the estimated cost of fixing public …
God only knows what will happen to churches and other nonprofit organizations that say they are struggling for survival because of the Gulf oil spill crisis. Months after the Deepwater Horizon rig exploded and its well started gushing oil, the …
Far from the spotlight shining on the Nashville victims of May’s deadly floods, Mike Anglin looks at the now-empty space next to Indian Creek where his doublewide mobile home stood and wonders how he will replace it. The Hickman County …
The National Hurricane Center in Miami is presently tracking a low pressure area located off the northwestern coast of Mexico’s Yucatan Peninsula. According to the NHC, “showers and thunderstorms associated with a broad area of low pressure remain disorganized.” The …
Insureds facing the possibility of losses from the BP oil disaster in the Gulf of Mexico are being advised to submit their written notice to their insurance carriers as soon as possible and no later than July 8, 5 p.m. …
EU Energy Commissioner Guenther Oettinger plans to issue additional requirements for operators of oil platforms in European waters in the autumn, he said in a German media interview published on Friday. The requirements would include recommendations for prevention and compensation …
All sixteen members of the Caribbean Catastrophe Risk Insurance Facility (CCRIF – www.ccrif.org) have renewed their policies for hurricane and earthquake coverage for the 2010/11 year beginning on June first, the start of the hurricane season. The National Oceanic and …
Catastrophe risk modeling firm AIR Worldwide estimates that insurable losses (losses from properties that are eligible for insurance, whether or not they are actually insured) from Hurricane Alex are not expected to exceed $200 million. AIR explained that since “insurance …
Tropical storm Alex slowed oil spill clean-up and containment work in the Gulf of Mexico and drove more petroleum into fragile Gulf wetlands and beaches Thursday, with any permanent fix to BP Plc’s ruptured deep-sea well still several weeks away. …
Texas Attorney General Greg Abbott has advised South Texans affected by Hurricane Alex that Gov. Rick Perry’s disaster declaration activates state laws that prohibit price gouging. Hurricane Alex had developed into a Category 2 storm with 105 mph winds by …
