June 30, 2009
After years of Dunloup Creek in West Virginia’s Fayette County constantly flooding, officials think they’ve found a solution: abandon the region. The federal Natural Resources Conservation Service and the Dunloup Creek Watershed Association have devised a plan to offer voluntary …
June 30, 2009
Beginning June 30, Columbus, Ohio-based State Auto Insurance Companies will add flood insurance to the list of State Auto coverages available for home, business and farm offered through more than 3,400 independent insurance agencies. The company noted that every property …
June 29, 2009
An in-depth study by more than 150 experts commissioned by the Army Corps of Engineers to look into the catastrophic failure of the levees during Hurricane Katrina is done, though the report released June 26 divulged little research that hadn’t …
June 26, 2009
A new form of insurance that covers risks such as droughts or floods could help small farmers in developing countries cope with worsening impacts of global warming, a U.N. backed report said on Wednesday. Under “index insurance,” payouts are linked …
June 26, 2009
A subcommitee of the U.S. House of Representatives that is looking into trouble spots in the country’s homeowner insurance market is coming to Florida in July. House Financial Services Oversight and Investigations Subcommittee Chairman Rep. Dennis Moore, D.-Kan., announced that …
June 26, 2009
Federal Emergency Management Agency officials are expected to survey damage in two Pittsburgh-area communities that are seeking disaster aid for severe storm damage last week. The FEMA workers are expected to visit Turtle Creek and Jeannette, both several miles east …
June 24, 2009
Risk Management Solutions has launched its “Underwriting Toolkit,” which it describes as “designed to help underwriters and pricing managers accurately assess and rate risk for individual buildings impacted by key UK perils – flood, storm surge (coastal flooding) and windstorm. …
June 24, 2009
A French official said sounds detected by search teams in the Atlantic depths are not those of Flight 447’s black boxes. The aide to France’s top transport official, Jean-Louis Borloo, said the “black boxes have not been detected.” The aide …
June 23, 2009
Forecasters say Tropical Storm Andres, currently located off the southwestern coast of Mexico, is strengthening and could become a hurricane in the next day or two. It’s still not clear how close the storm will come to making landfall, but …
June 22, 2009
Texas Gov. Rick Perry on Friday signed into law bills to restructure the state’s windstorm insurance fund, the only property insurer for homeowners and business in 14 coastal counties, and provide financial help to areas still struggling to recover from …