News & Analysis as of

Risk Management Severe Weather Natural Disasters

J.S. Held

CAT Season: Hazards, Resources, and How to Prepare

J.S. Held on

Catastrophic events (CAT) include hurricanes, floods, landslides, tsunamis, volcanic eruptions, earthquakes, tornados, and wildfires (See Figures 1-4 below). “CAT season” is the phrase experts commonly use to describe the...more

J.S. Held

Beyond the Name: Understanding the Full Impact of Tropical Cyclones

J.S. Held on

During the deep summer and early fall, all eyes are on the tropics in areas prone to hurricane activity. Most storms begin as “invests,” or areas of rain shower and thunderstorm activity that is closely monitored by hurricane...more

J.S. Held

Severe Convective Storms and Associated Insurance Weather Risks

J.S. Held on

Severe convective storms (SCSs) occur during all seasons in the United States. According to Aon, severe convective storms have accounted for 70% of global insurance losses in recent years, and there continues to be a rise in...more

J.S. Held

Weather Hazards & Insurance Claims Considerations Across the US

J.S. Held on

Introduction: Exploring Hazardous Weather Patterns Across the US - Every day, somewhere in the United States, some sort of hazardous weather is occurring. The vastness of the nation—from the Arctic Ocean coastline to the...more

ASKramer Law

Weather & Climate Risk Management Part II: Weather Risk Management Products

ASKramer Law on

In Part I of this series on weather and climate risk management, I reviewed the context within which organizations seek to manage climate and weather-related risks. With extreme weather events becoming more common, there are...more

StoneTurn

Risk Awareness and Mitigation in Disaster Recovery: After a Catastrophe

StoneTurn on

Natural disasters, while undoubtedly disruptive and damaging, can serve as powerful catalysts for organizational transformation if approached with foresight and strategic intent. As we’ve explored, successful post-disaster...more

King & Spalding

NOAA Interactive Tool Features Community-Level Natural Disaster Risk Mapping

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The National Oceanic and Atmospheric Administration (“NOAA”) recently released an update to its Disaster and Risk Mapping Tool that now allows users to assess natural disaster risks at the community level. NOAA’s...more

Lowndes

Weathering an Employer's Duties During the Storm

Lowndes on

Hurricane season is only half over, with Hurricane Ida leaving a trail of damage across Louisiana and beyond, and Hurricane Larry swirling in the Atlantic Ocean, although the storm is not expected to make landfall in the U.S....more

Zelle  LLP

Climate Change for Insurers: When Politics Fail, Flood the Courts

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This article follows on from a series of previous articles seeking to address climate change litigation in the context of insurance and reinsurance. Three different, but important, decisions in December 2019 have once again...more

Carlton Fields

The Hurricane is Coming in Five Days - Are We Ready for This?

Carlton Fields on

On August 24, 1992, Hurricane Andrew made landfall in Homestead, Florida as a Category 4 hurricane. At the time, it was the third most intense hurricane that ever struck the United States. Andrew had sustained winds of 149...more

Pillsbury Winthrop Shaw Pittman LLP

Hurricane Barry: Prepare Now to Maximize Insurance Recoveries

Affected businesses and other organizations should take immediate and proactive steps to maximize insurance recovery. Gather insurance policies, as well as binders, and save them electronically or take them to an...more

Harris Beach PLLC

Deep in the Floodplains of Texas: Hurricane Harvey, Municipal Measures and Flood Mitigation

Harris Beach PLLC on

...In August 2017 Hurricane Harvey, the year’s deadliest storm, hit Texas as a Category 4 hurricane. Harvey tied in rank with Hurricane Katrina as the costliest tropical cyclone on record with $125 billion in damage, largely...more

FordHarrison

What Issues May Employers Be Required to Address as Hurricane Florence Threatens?

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As the East Coast of the U.S. braces for Hurricane Florence, the approaching storm serves as a reminder that employers should be prepared to address storm-related issues if they are required to close their businesses and as...more

Downey Brand LLP

A Quick Look at What's Ahead on the Water Infrastructure Front

Downey Brand LLP on

I often joke with my clients that following issues too closely at the federal level can result in whiplash. To that regard, it has been a very active summer in Washington, DC on the water infrastructure front. Here’s a rapid...more

Proskauer Rose LLP

Five Ways to Prepare for Business Interruption Insurance Claims in a Natural Disaster

Proskauer Rose LLP on

The extraordinary images and reports of the devastation from Hurricane Matthew have filled the news outlets. While the focus remains on the human toll and concern for the well-being of friends, colleagues and business...more

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