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...
Mayorkas Warns FEMA Doesn’t Have Enough Funding to Last Through Hurricane Season October 4, 2024 By Kevin Freking And Colleen Long The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the...
Viewpoint: Elevating Claims Management by Taking Collaborative Approach With Clients October 4, 2024 By Zara Ismail Over the last 20 years, the role of the claims handler has evolved significantly, from a largely back-office function to...
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...
American Dams Weren’t Built for Today’s Climate-Charged Rain and Floods October 3, 2024 By Kendra Pierre-Louis and Leslie Kaufman As flooding hammered Appalachia in the aftermath of Hurricane Helene, residents became intimately familiar with a new norm in the...