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Private Radar Network Expands to 15 States to Fill Critical Weather Gaps Affecting Nearly 40% of Americans
LOUISVILLE, Ky.--(BUSINESS WIRE)--Climavision, a leader in weather tech and AI-driven forecasting, is now filling radar gaps in 15 states with its network of X-band weather radars....
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Resilience Investments Unveils Leadership from Airbnb, Ethic to Launch Resilient Affordable Housing Strategy
DETROIT--(BUSINESS WIRE)--Resilience Investments launches “Safety Belt” strategy for affordable housing in climate-stable U.S. markets, led by execs from Airbnb & Ethic...
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Southern California Edison Announces Community Input Workshops on Wildfire Recovery Compensation Program for Eaton Fire
ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison today announced a series of community workshops for its upcoming Wildfire Recovery Compensation Program, a voluntary, comprehensive claims program designed to provide direct payments and fast resolutions to eligible individuals and businesses impacted by the Eaton Fire. These sessions provide an opportunity for interested parties to comment on the draft details, such as eligibility and valuation criteria, before the program is finali...
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KCC Announces the Release of RiskInsight® Version 4.15
BOSTON--(BUSINESS WIRE)--Karen Clark & Company (KCC) is pleased to announce the release of RiskInsight® Version 4.15, the latest advancement of the open loss modeling platform. The new update introduces major performance and system enhancements, increasing the speed, scalability, and computing power of the leading risk modeling application. The update enables faster and more efficient loss analyses, particularly for large hurricane and severe convective storm portfolios. Further analysis pe...
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Flood Risk America Launches Flood Gate That Activates Automatically
LAKE WORTH, Fla.--(BUSINESS WIRE)--Flood Risk America, a leader in flood protection solutions across North America, is proud to announce the release of its newest innovation, the Passive Automatic Flood Gate. This barrier activates automatically when floodwaters rise, providing dependable, self-activated flood protection. The Passive Automatic Flood Gate requires no human intervention, electricity, or mechanical operation. This breakthrough design offers property owners an added layer of protec...
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Envoy Expands Device Ecosystem with Neat to Power Effortless Workplace Journeys
SAN FRANCISCO--(BUSINESS WIRE)--Envoy, a workplace technology organization that makes it simple to run secure, compliant, and connected workplaces across every location, today announced an expansion of its device ecosystem with the addition of Neat’s award-winning devices. The integration enables companies to deliver a polished, intuitive onsite experience, everything from checking in guests to reserving meeting rooms, directly from Neat Pad, Neat Frame, and Neat Board. This announcement builds...
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Philips, Philips Foundation, and MedShare Launch Program to Strengthen U.S. Healthcare Readiness for Natural Disasters
CAMBRIDGE, Mass.--(BUSINESS WIRE)--In an innovative initiative to improve disaster preparedness and response, Philips, Philips Foundation, and nonprofit MedShare International are collaborating to tackle the healthcare challenges caused by natural disasters. Unlike traditional reactive disaster response programs, this initiative prioritizes disaster preparedness as a strategy to save lives and create continuity of care. MedShare will have Philips medical equipment and other essential products o...
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SageSure Agrees to Acquire Olympus MGA
JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, announced today that it has entered into a definitive agreement to acquire Gemini Financial Holdings Corporation (“Gemini Financial”) and its subsidiaries, including Olympus MGA Corp. (“Olympus MGA”). Olympus MGA, one of the top underwriting franchises in Florida, is the managing general agent for Olympus Insurance Company (“Olympus Insurance”), a leading Florid...
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Northwest Financial Experts Urge Homeowners to Proactively “Disaster Proof” Their Finances—Lessons Learned from Wildfire Experiences
PORTLAND, Ore.--(BUSINESS WIRE)--Homeowners in areas around the U.S. continue to face the threat of natural disasters as wildfire, flood, and hurricane seasons converge in late summer and fall months. Beyond immediate safety concerns, the financial aftermath of natural disasters can be devastating. Ferguson Wellman Capital Management, a 50-year-old privately owned investment firm with 72 employees in Portland and Bellevue, has direct experience. Through clients and their own family members, the...
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Firehouse Subs Public Safety Foundation® Celebrates 20 Years of Service With $100 Million Donated to First Responders
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Firehouse Subs Public Safety Foundation® celebrates 20 years of service by awarding more than $100 million in lifesaving equipment....