property insurance News

Explosion and Fire Hit Tequila Factory in Mexico, Killing at Least 5 Workers: Officials

An explosion and fire erupted inside a tequila factory Tuesday, killing at least five workers and injuring two others at the site in the liquor’s namesake town in Jalisco state, Mexican authorities said. The state Civil Protection agency announced late …

Hurricanes Get the Headlines But Inland Flooding Tops the Disaster List

Floyd County keeps flooding and the federal government keeps coming to the rescue. In July 2022, at least 40 people died and 300 homes were damaged when the eastern Kentucky county flooded. It was the 13th time in 12 years …

St. Pete Approves New Rays Ballpark and Redevelopment of Current Site

ST. PETERSBURG, Fla. (AP) — The Tampa Bay Rays are on track to get a long-sought new ballpark following a city council vote Thursday on a major redevelopment project that also guarantees the team will stay where it is for …

Soccer Officials Arrested After Melee That Damaged Hard Rock Stadium in Miami

MIAMI GARDENS, Fla. (AP) — Colombia’s soccer federation president and his son were among 27 people arrested during the crowd control issues that broke out at the Copa America final between Argentina and Colombia, a melee that may have caused …

Rebuilding After Hurricanes is Complex, Can Change Character of a Community

HORSESHOE BEACH, Fla. (AP) — Before Hurricane Idalia smashed into a small fishing village in northwestern Florida, Charles Long, 68, was fixing up a two-bedroom house for him and his wife. After the August storm, he found remnants of it …

CBO Says Mortgage Subsidy Cost from Flood Damage to Hit $395M by 2053

Climate change is expected to increase the frequency and severity of floods in the U.S., posing greater risks to homeowners and mortgage lenders—and since flood damage tends to lower the market value of affected homes, it’s more likely that homeowners …

Wildfire Risk Rises as Western States Dry Out Amid Ongoing Heat Wave

Authorities in Western states warned of the rising risk of wildfires as hot conditions and low humidity dry out the landscape amid a protracted heat wave that is expected to bake much of the U.S. again Thursday. California’s top fire …

Florida, Environmental Groups Settle Lawsuit Over Massive Phosphate Leak

ST. PETERSBURG, Fla. (AP) — Environmental groups and Florida regulators have settled a lawsuit over the 2021 leak of millions of gallons of polluted water from a phosphate plant reservoir into Tampa Bay, which triggered major fish kills and the …

Review of Prescribed Fires Following Record New Mexico Blaze Finds Gaps

Two years after the U.S. Forest Service sparked what would become the largest and most destructive wildfire in New Mexico’s recorded history, independent investigators say there are gaps that need to be addressed if the agency is to be successful …

Growing Fire in Southern California Prompts Evacuations

A wildfire that erupted in Southern California has burned more than 20,000 acres, prompting an evacuation order and threatening ranches, including Michael Jackson’s former Neverland Ranch. The Lake Fire erupted on Friday northeast of Los Olivos, growing to become the …