February 16, 2022
Florida’s chief financial officer is applauding lawmakers for approving a home-hardening measure that could affect homeowners insurance rates in years to come. “Since last year, we’ve been pushing hard on the idea of helping homeowners better fortify their homes from …
October 27, 2021
Mississippi’s governor says residents in eight counties can now apply for federal help with Hurricane Ida expenses, and 19 counties can get public aid. Approval for help through the Federal Emergency Management Agency means “Mississippians will have access to the …
August 23, 2021
Hurricane Grace crossed through Mexico on Saturday, leaving at least eight people dead, causing floods and power cuts to more than half a million customers, before losing force as it swept toward the country’s Pacific coast. The storm entered Mexico …
June 29, 2021
Spurred by recent hurricanes and a rare winter storm that demonstrated the frailty of Louisiana’s public water supply, lawmakers have set their attention on improving the state’s troubled water systems. Legislators created a new grading metric for community water systems, …
June 28, 2021
MEXICO CITY – The first hurricane of the eastern Pacific season brushed past the coastal shoulder of southwestern Mexico Monday, keeping just off shore while sweeping the coast with heavy rains and winds that raised the threat of flash floods …
April 12, 2021
The U.S. National Oceanic and Atmospheric Administration (NOAA) has changed the number of storms that constitute an average Atlantic hurricane season, the agency said in a statement on Friday. NOAA’s Climate Prediction Center is using 1991-2020 as the 30-year period-of-record …
November 4, 2020
Despite a year of unprecedented challenges and uncertainty and a halting global economic recovery, the insurance industry remains strong, stable, sound and secure. Though below pre-COVID forecasts, major indicators point to positive rates of growth and a positive return on …
March 6, 2020
Texans should expect warmer weather, more wildfires and urban flooding, and increased impact from hurricanes through 2036 thanks to climate change, according to a new study from the Office of the Texas State Climatologist at Texas A&M University. The study …
January 17, 2020
The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most destructive hurricane ever to hit the islands. The government will probably borrow about $500 million in coming months as it …
November 8, 2019
Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and insured losses minimally in the billions, according to Aon’s monthly catastrophe report. The storm made landfall in Japan’s Iza Peninsula …