November 8, 2012
A 7.4 magnitude earthquake occurred on Nov. 7, about 15 miles off the coastal town of Champerico in southwestern Guatemala, according to catastrophe modeling firm AIR Worldwide. The epicenter was 35 miles SSW of Retalhuleu, Retalhuleu and 101 miles WSW …
October 6, 2011
The government’s program to modernize the nation’s air traffic control system has run into serious problems that threaten to increase its cost and delay its completion, a government watchdog said. The Federal Aviation Administration’s program to replace the current air …
September 26, 2011
Federal investigators are expected to release a preliminary summary of their probe of a racing plane crash that killed 11 people in Reno, Nevada and injured at least 80. A National Transportation Safety Board official says there won’t be any …
September 21, 2011
It’s like an Indianapolis 500 in the sky. Thrill-seeking pilots zoom by at speeds up to 500 mph (800 kph) as spectators “ooh” and “aah” at the site of jets, vintage planes and high-performance aircraft whizzing past with their wingtips …
September 20, 2011
Amid the horrific aftermath of the nation’s deadliest air racing disaster, a crash that killed nine and sent about 70 people to Reno-area hospitals, a sort of calm pervaded. Witnesses were spattered with blood and pieces of flesh, yet video …
September 19, 2011
The death toll in the crash of a World War II-era plane during a Reno air race rose to nine people Saturday as investigators combed through wreckage and scoured amateur video clips to determine why the aircraft suddenly spiraled out …
June 15, 2011
Still recovering from two previous earthquakes that struck the region in September 2010 and February 2011, Christchurch, New Zealand was shaken by a series of strong tremors on June 13, according to catastrophe modeling firm AIR Worldwide. The United States …
June 6, 2011
The severe thunderstorms that struck the United States from May 20 to the 27 will result in insured losses to residential, commercial, and industrial properties and their contents, and to automobiles of between $4 billion and $7 billion, according to …
April 19, 2011
Catastrophe models are a great risk management tool for property/casualty insurers but even the person who created the first one is worried that they are being given more credit and influence than they deserve. Karen Clark is an expert in …