RIO DE JANEIRO — The filing of murder charges against the former CEO of Brazilian miner Vale SA and 15 others for a 2019 dam collapse that killed more than 250 people was hailed by victims’ families as a major …
ANCHORAGE, Alaska — Negotiations between the Anchorage School District and the federal government over earthquake damage relief could result in the district turning down millions in funds, an official said. The negotiations over money to repair damage caused by the …
Insurance losses from natural disasters fell last year after the U.S. was spared the full wrath of a major Atlantic hurricane. That’s according to the reinsurance firm Munich Re, which recorded total losses of $150 billion from events like hurricanes, …
SACRAMENTO, Calif. — In a state burdened by billions of dollars in wildfire damage, California lawmakers are hoping for an advance loan before the next climate-fueled catastrophe hits. Lawmakers in the Democratic-dominated state Legislature return to work Monday for the …
Australia’s devastating wildfires, which at the weekend destroyed close to 200 homes and claimed another life, show no sign of abating and are poised to blight Christmas celebrations. Around 200 blazes were burning across the world’s driest inhabited continent on …
Only a few U.S. states are taking significant steps to reduce hurricane risks, as a study this week showed the most damaging storms are now three times as frequent as a century ago and have become the costliest type of …
Munich Re had teamed up with a unit of the National Insurance Crime Bureau to offer insurance carriers an analytics tool that can quickly assess property damage after natural catastrophes and speed up claims payments. Roman Buegler, head of Munich …
HOUSTON — For Houston resident Scenacia Jones, the experience of getting her new home through an innovative way of building post-disaster housing was like an experiment. Jones and her two children had been living in a shelter for single parents …
About the photo: Hardware from Project OWL, an IoT software solution that keeps first responders and victims connected in a natural disaster, at their work space in Brooklyn, New York on May 2, 2019. Photographer David Williams/Bloomberg. From a cramped …
BOSTON — Preparing for the unthinkable requires a lot thought. Risk management professionals on Monday cautioned audiences of the myriad pitfalls in planning for catastrophes during the Risk & Insurance Management Society’s annual conference at the Boston Convention and Exhibition …