February 1, 2010
Federal officials say that about 6,500 more properties in Broome Count, New York than originally believed are vulnerable to floods like one that devastated parts of the region in 2006. Updated flood maps released Thursday by the Federal Emergency Management …
January 29, 2010
Risk Management Solutions has released a report on the impact of the earthquake that struck near the Haitian capital Port-au-Prince on January 12. The 7.0 magnitude quake destroyed much of the city and surrounding areas. However, as RMS notes, “only …
January 29, 2010
Hurricane Ike, which struck Galveston on Sept. 13, 2008, has proved to be the costliest weather catastrophe in Texas history by a large margin. The storm racked up nearly $12 billion in windstorm and flood insurance claims in the state. …
January 28, 2010
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid the Government of Haiti US $7,753,579 following the Magnitude 7.0 earthquake which struck close to Port-au-Prince on January 12, causing damage of catastrophic proportions. The payment is the “full amount due …
January 26, 2010
A report from the Association of British Insurers estimates that the floods in Cumbria in the northwestern part of England and parts of Southern Scotland in November have exceeded £200 million ($322 million) [See IJ web site – https://www.insurancejournal.com/news/international/2009/11/23/105496.htm]. The …
January 25, 2010
An Ethiopian Airlines plane with 90 people on board crashed into the sea shortly after taking off from Beirut in bad weather early on Monday. Four bodies were recovered as a search for survivors began. The Boeing 737-800, heading for …
January 25, 2010
More than a year and a half after a massive flood left a huge swath of eastern Iowa underwater, the tiny farming community of Oakville is clinging to survival. Many of the town’s 400-or-so residents moved on after the June …
January 22, 2010
A report from Risk Management Solutions on tropical storm Magda places it at around 500 miles (800 kms) northeast of Port Hedland, Australia, and 520 miles (830 kms) west-southwest of Darwin, according to the Joint Typhoon Warning Center (JTWC). When …
January 20, 2010
Caribbean Risk Managers Ltd. (CaribRM) has published an updated report on the earthquake in Haiti, which gives precise details concerning the unfolding of the event. It continues with an examination of the damages it caused, both on the ground and …
January 19, 2010
Entergy Corp. has filed a second suit against the Army Corps of Engineers over flooding that followed Hurricane Katrina, leaving behind hundreds of millions of dollars to power systems and higher rates for hundreds of thousands of electricity customers in …