The Caribbean Catastrophe Risk Insurance Facility (CCRIF) and the Caribbean Institute of Meteorology and Hydrology (CIMH) are launching their Regional Rainfall Model today, February 25, at CIMH headquarters in Husbands, Barbados. The bulletin explained that this “synthetic rainfall generation model …
Texas in 2009 experienced weather catastrophes amounting to more insured losses than any other state. Last year, Texas experienced 10 weather catastrophes that caused nearly $2.5 billion in losses. The next nearest state in insured losses was Colorado with $1.3 …
North Dakota has an “incredible risk” of record spring flooding in Fargo, while major floods near Minot and Bismarck are possible from the winter’s heavy snowfall, National Weather Service analysts said. “We have more than enough water on the ground …
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) and the United Nations Economic Commission for Latin America and the Caribbean (UNECLAC) announced that they will sign a Memorandum of Understanding (MOU) formalizing “a partnership to facilitate capacity building and to develop …
Most experts believe it’s just a matter of time before another big earthquake strikes along the New Madrid fault line, and Gov. Jay Nixon says Missouri and neighboring states need to be ready. Nixon on Feb. 19 convened a panel …
Rescue workers dug frantically Sunday to free cars and homes buried under heaps of mud in Madeira, after torrential flash floods and mudslides killed at least 40 people on the popular Portuguese island. More than 120 others were injured and …
Insurance regulators in Illinois are encouraging residents to review earthquake insurance policies after a small quake was recorded in the state recently. The 3.8-magnitude earthquake surprised northern Illinoisans Feb. 10. It hit about 45 miles northwest of Chicago at 4 …
With the potential for serious flooding in the Red River, Minnesota and possibly Mississippi river valleys this spring, Governor Pawlenty is reminding insurance agents to talk with their homeowners customers about optional flood insurance before the snowmelt and spring rains. …
New detectors have found fault lines in the Jones, Okla., area, where dozens of small earthquakes have been recorded since last year. “There’s definitely some kind of fault system there,” said Austin Holland, geophysicist for the Oklahoma Geological Survey, who …
Two commuter trains collided head-on near Brussels yesterday morning, killing 18 people, and injuring another 150, 55 seriously. The crash occurred during the morning rush hour with more than 300 people aboard the trains. Rescue efforts were hampered by freezing …
