damage News

Climate Change Intensified Typhoon Shanshan, Study Says

Typhoon Shanshan, which struck southern Japan last week with heavy rain and strong winds, was likely intensified by climate change, according to a study from Imperial College London. Researchers with the university teased out the contribution of global warming to …

Southern California Edison Seeks to Recover $1.6B of Wildfire-Related Losses

Southern California Edison, a unit of utility Edison International said on Thursday it was seeking approval for a settlement agreement to recover nearly 60% of losses related to wildfires and mudslides in 2017 and 2018. Under the agreement with the …

Robots Are Starting Fires in California — and That’s a Good Thing

Cody Chiverton has spent the past decade lighting fires. As a former firefighter with the U.S. Forest Service, he participated in dozens of prescribed burns across the American West, in which fire-prevention teams would carry drip torches to ignite dry …

Atlantic Hurricane Season Could Intensify in Coming Weeks, Meteorologists Say

AccuWeather meteorologists are warning that the Atlantic hurricane season could intensify in the coming weeks as less wind shear and less dry air create conducive conditions for storm development. AccuWeather is forecasting six to 10 named storms to form in …

CrowdStrike Earnings to Shed Light on Fallout From Global Windows Outage

CrowdStrike’s results on Wednesday will offer a first look at the financial implications of the global cyber outage that paralyzed Microsoft Windows operating system last month, with investors keen to understand the impact on the cybersecurity firm’s reputation and whether …

Wildfire Risk Harms California Home Values, San Francisco Fed Study Finds

California’s wildfires are weighing on home prices more than in the past, and insurance availability does little to help in areas considered to be at higher risk, according to a Federal Reserve Bank of San Francisco study. “Our results suggest …

Why Onsite Inspections Are Essential for Accurate Large Loss Property Damage Claims

In the complex and high-stakes world of large loss property damage claims, the importance of onsite inspections cannot be overstated. Although the rise of technology has introduced remote assessments as a convenient and cost-effective alternative, the benefits of physically being …

Second U.S. Judge Blocks FTC Ban on Worker Noncompete Agreements

A federal judge in Florida has temporarily blocked a U.S. Federal Trade Commission rule that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses, becoming the second judge to rule that the …

Tropical Storm Ernesto Drenches Puerto Rico on Path North

About 375,000 homes and businesses were in the dark in Puerto Rico after Tropical Storm Ernesto brushed past early Wednesday, pounding the island with torrential rain and winds. The storm is likely to become a hurricane in the coming hours …

Texas Attorney General Probes CenterPoint on Beryl Response

The Texas attorney general is investigating CenterPoint Energy Inc. citing potential violation of the state’s law in the utility’s response during Hurricane Beryl, when millions in the Houston area were left without power — some for days in the sweltering …