A coalition of national interests has introduced a framework intended to shape how the nation responds to natural disasters, or as one advocate of the framework described it, change the way governments and communities operate so they can “prespond to …
An Alaska senator wants $15 million for tsunami debris clean-up included in a federal disaster relief package for West Coast states affected by Superstorm Sandy. Sen. Mark Begich says the impact of debris from the 2011 earthquake and tsunami in …
A new report from Lloyd’s notes that the “the world has been battered by natural catastrophes in recent years, revealing a serious gap between the economic cost of natural catastrophes and the levels of insured risk.” Recently published research, Lloyd’s …
Gov. Mark Dayton is raising concerns about the safety and sanitation of northeastern Minnesota homes that were badly damaged by summer flooding and that won’t be covered by federal assistance. Dayton on Wednesday appealed last month’s denial of individual assistance …
The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week, as governments and businesses are not sufficiently prepared to deal with unexpected events, a report by a respected think-tank said. Events …
Montana is at risk of becoming less prepared to respond to disasters and public-health emergencies because of state and federal budget cuts. That’s according to a new report by the Robert Wood Johnson Foundation and the Trust for America’s Health. …
Swiss Re describes 2011 as the “year with the highest catastrophe-related economic losses in history, at $350 billion.” It could have been the most costly year ever for the insurance industry, if Japan had been more fully insured. The figures …
Insurance company Nationwide Mutual said profits in the first half of the year fell by more than half after paying claims, like the rest of the industry, for some of the worst tornadoes in U.S. history. Privately held Nationwide, one …
A new special report, compiled by A.M. Best, concludes that the string of major catastrophes, a persistent soft market and the near exhaustion of excess reserves have placed global reinsurers at a “critical” point. The rating firm said that the …
Gradually rising sea levels caused by global warming over the past 30 years have contributed to a growing number of disasters along China’s coast, state news agency Xinhua said on Wednesday. Sea levels along China’s coastline had risen 2.6 mm …
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