Two Australian resource-rich regions are bracing for potentially damaging storms that could lead to flooding, the latest threats after months of extreme weather events. A tropical low developing in the Coral Sea off Queensland state is likely to become a …
Nearly 75% of the U.S. could experience damaging earthquake shaking, a recent U.S. Geological Survey report shows. A USGS-led team of more than 50 scientists and engineers in the latest USGS National Seismic Hazard Model created a color-coded map that …
Anyone who has lived through a natural disaster and then applied to the federal government for assistance knows that it can be a lengthy, frustrating and bureaucratic process. New rules announced Friday by the federal agency in charge of emergency …
For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year. The calculus around natural disasters such as hurricanes and cyclones fed record gains at funds managed by firms including Tenax Capital, …
Progressive Casualty Insurance and North Carolina-based Builders Mutual Insurance Co. have been served with class-action lawsuits over data breaches on their own computer systems in 2022, cyber attacks that may have exposed the personal data of more than 411,000 people. …
Thirty-seven Massachusetts communities damaged by flooding last year will be getting a share of $10 million in disaster relief funding, the governor’s administration said Saturday. The funding being released is from the supplemental budget the Legislature passed and Gov. Maura …
The family of a man who died by suicide at a Virginia jail after his antipsychotic medication was discontinued has received a $1.75 million settlement in a civil lawsuit. Records at U.S. District Court in Alexandria show that the family …
A new report shows Colorado has the most car thefts, while populous California made the top 10 list. The report’s authors analyzed data from the FBI’s Crime Data Explorer, which showed the amount of motor vehicle thefts in each state …
Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in three new portfolio companies: Wagmo, Roots Automation and Trust & Will. The three investments support startups operating in tech-enabled pet wellness and insurance, AI-powered insurance operations …
This post is part of a series sponsored by IAT Insurance Group. There’s much wisdom to be extracted from Aesop’s timeless fable “The Tortoise and the Hare” when it comes to driver speeding. As the Hare discovered, speeding doesn’t save …
