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Texas says it needs $61 billion from federal government for Harvey recovery

November 1, 2017 The Associated Press (APR)

AUSTIN, Texas – Texas needs $61-plus billion in federal funding just to rebuild public infrastructure damaged by Hurricane Harvey, as well as to cover projects to prevent future flooding. John Sharp, Texas’ Harvey recovery “czar,” announced Tuesday that the figure

News CatastrophesInsuranceMarkets / Coverages

California launching fire clean up ‘for the record books’

October 25, 2017 Ellen Knickmeyer - THE ASSOCIATED PRESS

SANTA ROSA, Calif. – Government officials outlined plans Monday for what they say will be the largest fire clean-up in California history, aimed at removing hazardous substances and ash from 8,400 homes and other structures burned in Northern California wildfires.

News CatastrophesClimate ChangeInsuranceMarkets / Coverages

Changing climate patterns, nat cats affecting electrical grid, Swiss Re and Johns Hopkins study finds

July 25, 2017 by Canadian Underwriter

Changing climate patterns are putting additional strain on both power generation and transmission, and presenting another risk factor for natural disaster mitigation and recovery in North America’s Pacific Northwest region, suggests a new study from Swiss Re and the Johns

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

U.S. Geological Survey scientists to track effects of historic Lake Ontario flooding

July 7, 2017 by Canadian Underwriter

Scientists with the U.S. Geological Survey (USGS) announced on Friday that they will be conducting field work to gather up-to-date information to help emergency managers track and respond to historic levels of flooding on Lake Ontario. The scientists will begin