Utilities’ Extreme Plan to Stop Wildfires: Shut Off the Power October 7, 2024 By Mark Chediak A growing number of utilities are resorting to an extreme measure to prevent their equipment from sparking catastrophic wildfires: turning...
GM Halts Vehicle Production at Two US Plants Due to Hurricane Helene October 7, 2024 By Utkarsh Shetti and David Shepardson General Motors has temporarily halted truck and SUV production at two assembly plants in Texas and Michigan because of impacts...
CoreLogic Increases Total Insured Loss Estimate From Hurricane Helene to $10.5B-$17.5B October 4, 2024 Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to...
The US’s Flood Insurance Program Is Making More Repeat Payouts October 4, 2024 By Matthew Griffin When Hurricane Helene barreled ashore last week, it caused devastating flooding across the southeastern U.S., including in the Shore Acres...
AccuWeather Increases Total Damage and Economic Loss Estimate From Helene to Between $225B-$250B October 3, 2024 AccuWeather has increased its estimate of the total damage and economic loss from Hurricane Helene in the U.S. to between...
Modeler KCC Puts Privately Insured Losses at $6.4B From Helene October 3, 2024 Privately insured losses from Hurricane Helene will be about $6.4 billion from wind, storm surge and inland flooding in nine...
Maui Fire Caused by Broken Power Lines, County and US Find October 3, 2024 By Mark Chediak The fire that razed the historic Maui town of Lahaina last year was caused when Hawaiian Electric Industries Inc. re-energized...
Biden to Deploy 1,000 Troops to Aid North Carolina After Helene October 2, 2024 By Akayla Gardner President Joe Biden said he directed the Pentagon to send up to 1,000 active duty troops to help with recovery...
State Farm, Citizens Brace for Losses From Hurricane Helene October 1, 2024 By Alexandre Rajbhandari State Farm General Insurance Co. and Citizens Property Insurance Corp. are bracing for the insurance industry’s largest losses from damage...
Hurricane Devastates Southern Cotton Crops Just Before Harvest October 1, 2024 By Ilena Peng Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow...