NEW ORLEANS (AP) — A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021’s Hurricane Ida. The New Orleans Advocate, owned by the Times Picayune, reports that the Louisiana Insurance Guaranty Association …
Chuck and Terry Nowiski lived in their country-style farmhouse with a wrap-around porch for 36 years before it flooded. After hurricanes Matthew and Florence, they said “yes” to the state’s offer to buy their place and tear it down. Nearly …
The summer solstice, which begins Tuesday, has historically been a cause of celebration for cultures throughout the Northern Hemisphere. But various catastrophe projections released in recent weeks are making the insurance industry’s midsummer night’s dream look like a nightmare. Analysts …
LAKE CHARLES, Louisiana (AP) — The front lawn of Lydia Larce’s home is strewn with debris: Remnants of cabinets and chunks of pink shower marble lie between dumpsters. She lives in a FEMA trailer out back, her home in shambles …
Cleaner air in United States and Europe is brewing more Atlantic hurricanes, a new U.S. government study found. The National Oceanic and Atmospheric Administration study links changes in regionalized air pollution across the globe to storm activity going both up …
Power outages from severe weather have doubled over the past two decades across the U.S., as a warming climate stirs more destructive storms that cripple broad segments of the nation’s aging electrical grid, according to an Associated Press analysis of …
HOUMA, La. (AP)–A levee system that protects Terrebonne and parts of Lafourche from Gulf of Mexico hurricanes will receive $379 million in federal money from the infrastructure bill passed by Congress, officials said Wednesday. U.S. Sen. Bill Cassidy, R-La., said …
CHARLESTON, S.C. (AP) — A strong storm off the Southeast coast combined with periodic higher tides Sunday, causing coastal flooding that approached levels rarely seen outside of hurricanes along the South Carolina and Georgia coasts, officials said. Scientists have said …
As part of its effort to reduce its ballooning exposure level and trim the number of policyholders, Florida’s insurer of last resort will increase its property inspections by almost 70-fold over the next four years — with plans to spend …
WASHINGTON (AP) — The Biden administration is moving to protect workers and communities from extreme heat after a dangerously hot summer that spurred an onslaught of drought-worsened wildfires and caused hundreds of deaths from the Pacific Northwest to hurricane-ravaged Louisiana. …