Tornadoes, hailstorms and fires took their toll on Texas last year with insured losses well over $3 billion, according to an insurer trade group The state had over three times as many claims and almost three times the dollar amount …
Drenching rains and flooding over the past two months have greatly reduced barge traffic along the 455-mile McClellan-Kerr Arkansas River Navigation System and dented the finances of companies that depend on the waterway. The navigation system stretches from Catoosa, Okla., …
Farmers across Arkansas are still weathering a series of spring showers that have flooded fields, smothered crops and swept away cattle. Since March 1, between 12 to 18 inches of rain has fallen across the Arkansas River basin, according to …
A privately owned dam collapsed in western Pennsylvania 125 years ago on May 31, 1889, unleashing a flood that killed 2,209 people. The terrible stories from the Johnstown Flood of 1889 are still part of lore because of the gruesome …
The Johnstown Flood Museum in Johnstown, Penn., is planning $3.45 million worth of upgrades because officials say its exhibits haven’t been updated since the centennial of the great 1889 flood 25 years ago. The museum has hired Springboard Design of …
The hazard posed by potential flooding is increasingly on the minds of many business owners, said Lou Gritzo, vice president and manager of research at Johnston, R.I.-based business property insurer FM Global. Gritzo recently spoke with Insurance Journal to discuss …
August saw billion-dollar flood losses in China, Russia, Philippines and Pakistan, bringing an initial combined estimate of $10 billion in economic losses, Aon Benfield said in a report on natural disaster perils. According to the report by the firm’s Impact …
Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report. The U.N. Office for Disaster Risk Reduction warned in the 246-page …
