U.S. Coastal Communities Get $575M to Guard Against Floods, Other Climate Disasters July 30, 2024 By Wayne Parry The federal government is giving more than a half-billion dollars to coastal communities to help them use nature-based preventative measures...
California Wildfire Grows to 575 Square Miles, Destroying at Least 100 Structures July 29, 2024 At least 100 structures have been destroyed and roughly 4,200 more are being threatened by the Park Fire, near Chico,...
Bridging the Flood Insurance Gap – A Call to Action July 29, 2024 By Trevor Burgess Hurricane Beryl caused destruction and loss across Texas and throughout the middle of the country, reminding us, once again, of...
Insured Losses From Crowdstrike Outage Could Reach $1.5B, Cybercube Says July 26, 2024 By Carolyn Cohn Global insured losses from last week’s massive IT outage are likely to range from $400 million to $1.5 billion, cyber...
The Challenges of Flood Disaster Recovery in Urban Environments July 26, 2024 By Michael D. Matthews In recent years, cities worldwide have faced an alarming increase in the frequency and severity of flood events. These catastrophes...
Northern California Fire Becomes State’s Biggest in a Day, Evacuations Ordered July 25, 2024 A wildfire that started Wednesday near Chico, California grew quickly to 45,549 acres overnight to become the state’s largest active...
Boeing Completes Deal to Plead Guilty Over 737 Max Crashes July 25, 2024 By Julie Johnsson, Allyson Versprille and Madlin Mekelburg Boeing Co. has completed an agreement with the US government to plead guilty to criminal conspiracy in connection with two...
Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix July 25, 2024 The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19...
CrowdStrike’s Tests Failed to Flag Bug Behind Epic Crash July 24, 2024 By Katrina Manson, Ryan Gallagher and Michael Hennessey CrowdStrike Holdings Inc., the cybersecurity company at the center of massive global IT outages, said that a bug in a...
How California’s Homeowners Insurance Crisis is Affecting Brokers July 24, 2024 By Don Jergler A growing homeowners insurance crisis for Californians is straining brokers who must work harder to get increasingly expensive and more...