February 22, 2023
New Mexico Gov. Michelle Lujan Grisham signed to use zero-interest loans to help local governments in the arid, Southwest state repair or replace public infrastructure damaged by wildfires or subsequent flooding. The law follows last year’s historic Hermits Peak-Calf Canyon …
February 17, 2023
Kentucky lawmakers took an initial step Wednesday toward giving themselves oversight of relief funds like the ones the governor created to help people recover from tornadoes and flooding. The measure, which sailed through a Senate committee, calls for an annual …
January 27, 2023
Just how big an impact the recent historic California storms had on the state’s cannabis industry is still coming into focus, and while two of the biggest players in California’s cannabis insurance market are starting to see upticks in claims, …
January 25, 2023
Moody’s RMS estimates total economic losses from the recent California flooding at between $5 billion and $7 billion, and insured losses are anticipated to be between $500 million and $1.5 billion, including losses to the National Flood Insurance Program and …
January 23, 2023
On Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy rain storm drenched California. Emergency crews showed up with boats to float Starks and other residents of his rural mobile …
January 20, 2023
Some 300 campers stranded at a park near Tucson due to flooding from recent rain storms were headed back to dry land. Rangers at Catalina State Park were helping campers walk across the receding wash at the park’s entrance. The …
January 17, 2023
President Joe Biden declared that a major disaster exists in California and ordered federal aid to supplement state, tribal, and local recovery efforts in the areas affected by severe winter storms, flooding and landslides. The president’s action makes federal funding …
January 17, 2023
Private flood insurance accounts for over 40% of California’s entire flood market—a significantly larger share than in the other leading states, according to AM Best. A new AM Best commentary notes the ongoing flooding issues in the state will present …
January 9, 2023
With multiple powerful storms continuing to bear down on California, state officials have warned that rural areas are the most at risk of flooding because the levees that protect them aren’t built to the same standards as others that shield …
January 6, 2023
Damaging winds and heavy rains from a powerful “atmospheric river” pounded California on Thursday, knocking out power to tens of thousands, causing flash flooding, and contributing to the deaths of at least two people, including a child whose home was …