March 3, 2010
The U.S. Senate last night passed legislation that includes an extension of the federal flood insurance program until March 28. President Obama has signed the measure. The extension means that the National Flood Insurance Program (NFIP), which has been unable …
March 2, 2010
Windstorm Xynthia, which swept across Western Europe on Saturday and Sunday, [See IJ web site – https://www.insurancejournal.com/news/international/2010/03/01/107736.htm] left a lot of damage in its wake. The storm was responsible for 59 deaths in France, with a number of people still …
March 2, 2010
Catastrophe modeling firms Air Worldwide, Risk Management Solutions and EQECAT have all released preliminary analysis and estimates of the economic and the insured losses from the devastating 8.8 magnitude earthquake that struck Chile over the weekend [See IJ web site …
March 2, 2010
A South Carolina program for coastal homeowners who have taken steps to shield their homes against hurricane winds has awarded more than 1,000 grants in two years. Scott Richardson, director of the South Carolina Department of Insurance, said that the …
March 1, 2010
The tragedies of the recent earthquakes in Chile and Haiti serve as a reminder that parts of the United States are highly vulnerable to the devastating effects of this unpredictable natural disaster. While most Americans believe earthquakes are a catastrophe …
March 1, 2010
U.S. Sen. Dick Durbin wants a meeting with two federal agencies to seek information about efforts to certify five levee systems in three southwestern Illinois counties. Durbin and other overseers of the levees in Madison, St. Clair and Monroe counties …
March 1, 2010
Insurance agents with customers waiting to be covered in the federal flood insurance program should tell those customers about the program’s suspension, an insurance expert is advising. As reported by Insurance Journal, the program could be in limbo for about …
March 1, 2010
Emergency management officials say the Pittsburgh region will face major flooding in the coming weeks as record-breaking amounts of snow begin to thaw. Allegheny County Emergency Services Chief Bob Full said at a meeting in Sharpsburg on Friday that “the …
March 1, 2010
One of the strongest earthquakes ever recorded struck the central coast of Chile early Saturday morning, February 27. The U.S. Geological Survey (USGS) measured the magnitude at 8.8 with severe “shaking intensity” extending nearly 500 kms (app. 300 miles) from …
March 1, 2010
A powerful Atlantic storm, named Xynthia, struck along the western coast of Europe Saturday night and most of Sunday, leaving at least 50 people dead in its wake. The storm packed sustained winds over 140 kmh (87.5 mph) as well …