drought News

Climate Change Exposes U.S. Infrastructure to Natural Hazards, Rand Corp. Says

Editor’s note: This is the first of a two-part column. A follow up column will focus on how catastrophe modelers are being asked to create products that take into account potential climate change impacts. A report out this week from …

Following Two Days of Broken Western Heat Records Comes a Respite

Residents of Southern California and the Southwest were looking for a break after some of the hottest weather in decades had utilities warning of power failures and cities opening pools and cooling centers. At least four hikers died in Arizona, …

El Niño Wreaks Havoc in February with Fiji Cyclone, Floods & Drought: Aon Report

The Southern Hemisphere registered its strongest tropical cyclone on record during February with Tropical Cyclone Winston, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. With maximum sustained winds of 295 kph (185 mph), Tropical Cyclone Winston made landfall …

El Niño Could Signal Easing of California Drought, Says Official

In the strongest indication yet that the California drought could be easing, officials said strict water conservation orders could be dramatically scaled back or even ended if El Niño storms keep pummeling the state into the spring. The assessment came …

Supply Chains Thwart Climate Risk Management for 75 Major Companies: Report

Goldman Sachs Group Inc., Coca-Cola Co. and 73 other companies that together buy more than $2 trillion of goods and services are unprepared for climate shocks because suppliers are ignoring requests for data on their exposure to rising temperatures and …

Losses for Washington from Drought Estimated at $336M

Washington farmers have lost at least $336 million due to the ongoing drought, a figure that is likely to climb as more information becomes available. The Capital Press reported that a state Department of Agriculture report estimated dollar losses for …

California Fire Safety Rule Citations Lag During Severe Drought

Amid the most destructive wildfire season in more than a decade, California’s firefighting agency amped up its warnings to thousands of property owners who weren’t doing enough to protect their homes by clearing brush and other flammable materials. But it …

Ridesharing Dominates 2016 Western Region Headlines

Goodbye to the news year 2015, and while there will be no shortage of headline-making topics to associate with the passing year, there was one subject that dominated Insurance Journal’s Western region news stories. Care to guess? No if fair …

Report: Southeast States Unprepared for Future Risks from Climate Change

Many states across the country, particularly in the Southeast, are unprepared to face the risks posed from extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report card from the States at …

States Graded ‘A’ to ‘F’ for Extreme Weather Preparedness

Many states across the country are unprepared to face the risks posed extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report card. Only a small number of states – Alaska, California, …