December 27, 2016
Plans for spending more than $1 billion in newly approved federal flood recovery money will be discussed at a Jan. 6 meeting of the Restore Louisiana Task Force. U.S. Housing and Urban Development Secretary Julian Castro announced Friday that Louisiana …
December 2, 2016
PERILS AG has today disclosed its fourth and final loss estimate for the floods in the UK which occurred Dec. 4-24, 2015 and were linked to storm Desmond and other low pressure systems. The revised estimate of the insured property …
November 21, 2016
A tropical moisture system resulting from Hurricane Matthew swept through Atlantic Canada last month, resulting in more than $100 million in insured damage, according to Insurance Bureau of Canada (IBC), which quoted a report from Catastrophe Indices and Quantification Inc. …
November 17, 2016
The voice of Zurich North America Chief Legal Officer Dennis Kerrigan swelled with pride as he described the carrier’s new headquarters in Schaumburg, Ill., and its importance to Zurich’s overall philosophy about environmental and social responsibility. The 783,800-square-foot corporate campus …
October 25, 2016
The number of flood insurance policies sold in Iowa dropped 22 percent between 2011 and this year, but it’s hard to determine the reason for the decline. The Des Moines Register reported the number of policies fell to 13,872 at …
October 25, 2016
President Barack Obama has signed a disaster declaration for 11 Kansas counties hit hard by last month’s severe storms and flooding. The declaration means federal funding is now available for state and eligible local government and some nonprofit organizations. The …
October 24, 2016
Gov. John Bel Edwards bumped up his request to more than $4 billion for federal flood disaster aid to repair south Louisiana’s flood destruction, according to a letter to the White House released Friday. The Democratic governor’s earlier request totaled …
October 21, 2016
Typhoon Haima made landfall in China after it brushed past Hong Kong, forcing the city’s stock exchange to cancel trading for the day and airlines to suspend flights. The Hong Kong Observatory said it will consider lowering Storm Signal No. …
October 19, 2016
Fears of flooding are dissipating after rainfall helped quell a wind-whipped wildfire in Northern Nevada that destroyed 22 homes and 17 other structures in the Washoe Valley north of Carson City. Sierra Front Fire Management spokesman Mark Struble said that …
October 12, 2016
Hurricanes could start flooding New York City’s coastline as often as every 20 years due to the effects of climate change on sea-level rise and hurricane activity, scientists said on Monday. Water could surge some 9 feet (2.8 meters) in …