Hurricanes, wildfires, tsunamis and other disasters cannot be stopped, but countries can plan for them — something some areas of the world seem to do better than others, according to a new study published in the journal Risk Analysis. Oceania, …
Catastrophe modeling firm AIR Worldwide estimates that industry ground-up insurable losses—which include exposures eligible for coverage (regardless of whether they are actually insured) without any application of deductibles or limits—from the flooding in Louisiana caused by excessive rainfall during August …
Texas legislators are investigating the benefits of RAPIDO, a pilot program developed with recommendations from Texas A&M University’s Hazard Reduction and Recovery Center (HRRC), that dramatically reduces the time it takes to rebuild homes destroyed by natural disasters. The Texas …
In a flood, nature can steal everything: lives and homes, delicate Christmas ornaments, a favorite flannel shirt, a special fishing hole. The historic rains and floods that battered South Carolina in October claimed 19 lives, destroyed more than $1 billion …
Bar owner Scott Coleman once had no problem giving money away. But that was before the flood. The St. Louis Post-Dispatch reports that when a regular walked into his Some Other Place Bar and Grill after disappearing for a few …
Strong ties to the community and a bond between neighbors can help areas affected by natural disasters recover faster, according to a survey conducted by Purdue University students and faculty. The Resilient Communities Research Team found that having a dense …
More than a third of the $3 billion in federal disaster recovery funds available for Texas after 2008 hurricanes Ike and Dolly remains unspent, as legislators prepare for hearings on how to speed up the process. Several state reports and …
New York regulators are considering a host of cybersecurity requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses for the financial sector. Financial Services Superintendent Anthony Albanese said in …
Galveston is moving on from repairing and rebuilding homes damaged from Hurricane Ike to demolishing homes left dilapidated by the storm that devastated the Texas coastal island seven years ago this month. John Simsen, the city’s disaster recovery director, said …
Even as the third anniversary approaches of Hurricane Sandy‘s bashing of the East Coast, the effects of the storm are still felt by many Connecticut residents, and a local homebuilding company is among those trying to make things right again. …