Lawmakers seek to provide comprehensive liability protection insurance… Last weekend, a number of powerful tornadoes swept through the state of Oklahoma, as well as its neighbors. According to the National Weather Service, 75 tornadoes touched down throughout the Midwest, many of which caused rampant damage throughout the region, especially in Oklahoma, where a powerful tornado claimed six lives. The total damage of the tornado outbreak is still be assessed by the insurance industry, but the event has spurred Oklahoma lawmakers to develop a comprehensive liability protection policy to help shelter…
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Tornadoes in Oklahoma and Kansas claim lives and cause damage to property
Damages from recent tornadoes that ripped through Oklahoma and Kansas. Powerful tornadoes tore through the states of Kansas and Oklahoma over the weekend, causing significant damage to businesses and homes as well as claiming lives. The National Weather Service claims that the weather system responsible for the disasters created more tornadoes in one day than either Kansas or Oklahoma would normally see in the month of April. Insurers have been working in cities affected by the tornadoes, hoping to mitigate any further damage and to process claims quickly to help…
Read MoreCyclone Lua Poised to Make Landfall on Port Hedland
BOSTON, March 16, 2012 – According to catastrophe modeling firm AIR Worldwide, the fifth cyclone of the season in Australia, Cyclone Lua is poised to make landfall as a strong Category 3 storm (on the Australia tropical cyclone scale) sometime tomorrow morning between Pardoo and Walall. This region is home to Australia’s largest iron ore port as well as several oil and gas facilities. As of the Australia Bureau of Meteorology (BOM) 8:52 p.m. WST advisory today, Cyclone Lua was about 390 kilometers north-northwest of Port Hedland and 495 kilometers…
Read MoreAndrea-2012’s First Named European Windstorm-Causes Damage and Accidents in Parts of Germany
According to catastrophe modeling firm AIR Worldwide, Windstorm Andrea passed through the U.K. earlier this week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland. Andrea- the first named European storm of 2012- formed southwest of Iceland on Tuesday, 3 January. Late Wednesday (4 January), Andrea passed to the north of the U.K., bringing strong winds, particularly to central England, and causing power outages and travel disruption. “The system intensified as it traveled east. Early yesterday, Andrea was centered over Denmark with a…
Read MoreHurricane Maria Makes Landfall On Newfoundland and Quickly Becomes Post-Tropical
BOSTON, Sept. 17, 2011 – According to catastrophe modeling firm AIR Worldwide, Extratropical Storm Maria made landfall as a minimal Category 1 hurricane on Newfoundland’s Avalon Peninsula near Cape Pine on Friday afternoon about 4:00 pm local time (2:30 pm EDT) after a long journey off the entire coastline of eastern North America. By the time of the National Hurricane Center’s (NHC) 5:00 pm (EDT) Advisory on Friday, Maria already had crossed the peninsula and entered the waters of the north Atlantic. “It was moving at nearly 60 mph and…
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