The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported that federal disaster funds have been made available for Nebraska to supplement state and local recovery efforts in the area hit by a severe winter …
The National Flood Insurance Program (NFIP) says it needs to borrow an additional $5.6 billion to cover claims and expenses for 2006. Projections indicate that its payments will reach its existing $18.5 billion borrowing limit by early- to mid- February …
The Lloyd’s delegation, currently attending the World Economic Forum in Davos, Switzerland, will be part of a panel discussion examining one of the “three main themes of the event -” the rise in global risks and how to manage them. …
Adults age 65 and older are 2.5 times more likely to die in fires than the overall population, and as Americans age, their fire risk increases, according to a new report by the Department of Homeland Security’s U.S. Fire Administration …
The 55 air ambulance accidents over the past three years didn’t have to happen, and federal safety investigators say they want to prevent future crashes with better pilot training, night vision goggles and crash avoidance systems. Basic safety equipment found …
The U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) has cited Coreslab Structures for reportedly operating unsafe forklifts and other safety hazards at the company’s Medley, Fla., facility. The agency is proposing penalties totaling $45,000. “Forklift accidents are preventable; …
Risk Management Solutions Inc. (RMS) released the findings of an in-depth study that provides life and personal accident insurers in Japan with key benchmarks for the potential risk of human casualties from catastrophic events. The RMS study, “Catastrophe Mortality in …
The Hartford Financial Services Group Inc. reported fourth quarter 2005 net income of $474 million, or $1.53 per diluted share. The company’s net income reached $2.3 billion for the year, a new record for the company. The Hartford’s core earnings …
Members of the Association of Fire And Casualty Companies of Texas (AFACT) are recommending new bonding measures that would prepare the state for the start of what’s expected to be another turbulent hurricane season. Greg Vanek, vice president of AFACT …
Public assistance funds obligated to help local schools recover from Hurricane Katrina have topped $30 million in Mississippi, state and federal emergency management officials reported. The grant awards were announced by the Department of Homeland Security’s Federal Emergency Management Agency …