US homes facing increased risk from natural hazards
Natural hazards have been elevated over the past three years according to a report from CoreLogic, increasing risk for homeowners and their mortgage lenders.
The property information firm has looked at global data on natural hazard events including wildfires and flooding; including Atlantic and Pacific hurricanes, flooding, wind, wildfire, earthquake and volcano, hail and tornado…
New Disaster Bill Includes $849M for Water Infrastructure
Hurricanes have battered communities across the United States in the past two years, badly damaging critical water infrastructure. A new disaster supplemental appropriations bill (H.R. 268) was passed by the House of Representatives this week. Sponsored by Rep. Nita Lowey, it included $849 million for drinking water, wastewater, and stormwater systems, “to reduce flood damage risk and vulnerability or to enhance resiliency to rapid hydrologic change or a natural disaster at treatment works.”
The House bill would help states and territories make water systems affected by natural disasters more resilient and less vulnerable to storms in the future. Typically, federal disaster aid pays to rebuild water systems to their pre-disaster condition, essentially rebuilding a system that has already proven vulnerable to disaster damage…
The Top Global Risks in 2019
The suits are pressed and the jets are gassed up, as global political and business leaders prepare to converge in Davos for the World Economic Forum.
To prep the wide variety of world leaders attending the summit, the organization has just published its most recent edition of the Global Risks Report. The highly anticipated annual presentation puts the world’s most pressing issues into focus, giving a sense of what is top-of-mind for global decision-makers.
Below are the top five risks highlighted in this year’s report…