damage News

Secondary Perils Drive Global Insured Losses to Estimated $123B in 2023: Gallagher Re

Non-peak (secondary) perils and record-setting weather and climate events drove global insured losses from natural catastrophes to an estimated $123 billion in 2023, the fourth consecutive year to exceed $100 billion, according to Gallagher Re’s annual Natural Catastrophe and Climate …

Londoners Unprepared for ‘Lethal’ Climate Risks, Report Says

London isn’t ready to deal with climate risks including flooding and overheating, according to an independent review of government measures. An interim report commissioned by the city’s mayor concluded that the British capital isn’t adapting quickly enough to mounting risks …

Helping Maui Recover from Flames and Wildfire Prevention Top Hawaii Lawmaker Agenda

Hawaii lawmakers are due to convene this week for the first time since the burning of historic Lahaina awakened the state to the deadly and costly threat posed by wildfires in an age of climate change. The tragedy refocused the …

Natural Disasters Led to $250B in Global Losses Last Year

Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half that amount actually covered by insurers, according to data compiled by Munich Re. The bill exceeds the 10-year average, and …

AP Reveals Problematic Dams in US, but Not New Jersey

TRENTON, N.J. (AP) __ A more than two-year investigation by The Associated Press identified scores of problematic dams nationwide, but New Jersey is excluded from the analysis because the state did not fully respond to the records requests. The investigation …

Inspectors Clear Michigan’s Mackinac Bridge as Safe After it Was Hit by Crane

ST. IGNACE, Mich. (AP) – A crane being towed on a barge hit the main span of the Mackinac Bridge, although an official says inspectors found no significant damage to the span linking the Michigan’s lower and upper peninsulas. The …

Authorities: 3 Killed in Crash After Highway Shooting, 2-State Chase

SHELBY, N.C. (AP) – Three people have died in a truck after someone in it fired at a different vehicle in South Carolina and then the truck crashed into a North Carolina house while trying to get away from law …

Japan Earthquake of Magnitude 6.5 Injures Some, Damages Buildings

An earthquake with a magnitude of 6.5 struck on Friday off Japan’s western prefecture of Ishikawa, authorities said, as media reported some buildings had collapsed while people were injured. Chief Cabinet Secretary Hirokazu Matsuno told an emergency press conference that …

Storms Upend One of North America’s Largest Tire Plants

TUPELO, Miss. (AP) — Production at a large north Mississippi tire plant has ground to a halt in the wake of a damaging tornado, pausing operations at one of Goodyear’s largest production facilities in North America. Storms that dropped possibly …

Rain Pounds Northern New Zealand; Further Flooding Expected

WELLINGTON, New Zealand (AP) — Auckland prepared for another round of flooding as rain battered northern New Zealand’s Northland region, which declared an emergency Tuesday afternoon in anticipation of the deluge. A state of emergency was already in place for …