Coastal flooding is expected to increase in many areas of Canada, bringing with it increased risk of damage to coastal infrastructure, according to a report released Tuesday by the federal government. “Local sea level is projected to rise, and increase…
The U.S. Senate Committee on Commerce, Science & Transportation is holding a field hearing in West Palm Beach, Fl. to discuss the economic impacts of extreme weather and coastal flooding. Lead by Senator Bill Nelson (D-FL), the hearing, titled “Extreme…
Global catastrophe risk management firm Risk Management Solutions, Inc. (RMS) estimated on Monday that the insured loss associated with wind and coastal flooding from Hurricane Hermine will not exceed US$400 million. This figure includes property damage and business interruption caused…
Typhoon Lionrock has made landfall in Japan, bringing the intensity of a Category 1 hurricane with resulting landslides and flooding. The typhoon made landfall in the Tohoku region of Japan on Tuesday evening, near the city of Ofunato in Iwate…