The National Oceanic and Atmospheric Administration wants to provide funding for the majority of states in the nation to prepare for catastrophic tsunamis. That seems like a sound plan, but is it watertight? A recent report by the Government Accountability …
The Pacific coast states of Alaska, California, Hawaii, Oregon and Washington, as well as Puerto Rico and the U.S. Virgin Islands in the Caribbean Sea, face the greatest tsunami hazard, but West Coast states could see the funding to prepare …
Do earthquakes and hurricanes affect mental health? Florida State University sociologists in Tallahassee have found that some South Floridians who survived Hurricane Andrew suffered mental health problems many years later, a finding that has led the researchers to predict even …
Weather-related stressful events can cause harm to mental health Do earthquakes and hurricanes affect mental health? Florida State University sociologists in Tallahassee have found that some South Floridians who survived Hurricane Andrew suffered mental health problems many years later, a …
Allstate Insurance Co. says it is dropping earthquake insurance to most of its 407,000 quake customers nationwide as a part of a larger move to reduce exposure to catastrophic losses. Allstate Spokesman Mike Siemienas in Chicago said four states require …
Last fall’s disastrous hurricanes provided some rough times for the catastrophe modeling industry. Consequently the principal cat modelers — Applied Insurance Research, EQE International’s EQECAT, and Risk Management Solutions — went back to the drawing board to reassess their models …
Congressional Research Service (CRS) is hosting a seminar ar the U.S. Capitol Building today titled, “Insuring and Mitigating Risks of Large-Scale Disasters: Is Federal Disaster Insurance Needed?” There, AIR Worldwide President and CEO Karen Clark plans to advise Members of …
An earthquake measuring magnitude 6.2 struck the Southeastern peninsula of Japan’s main Island, Honshu, early Monday morning (local time). No deaths have been reported but at least five people suffered minor injuries. The quake’s epicenter was in was in Oita …
In a speech to the House of Lords, given as part of a discussion on “London as a World Financial Center,” Lord Peter Levene stressed the financial health and leading position of both London and the Lloyd’s market. He took …
St. Paul Travelers Cos. is slowly phasing the “St. Paul” out of its name. “St. Paul” is already gone from the company’s marketing for consumer auto and home insurance, and it will be eliminated next week from advertising to business …
