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MALVERN, Pa.--(BUSINESS WIRE)--U.S. insurers paid $1.04 billion in lightning-related homeowners insurance claims in 2024, a 16.5% decrease from the $1.24 billion paid out in 2023....

DUBLIN--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Technosylva, the leading provider of wildfire and extreme weather modeling and risk management. Technosylva's integrated fire behavior modeling and incident management platforms are used by fire agencies across North America, Latin America, and Europe. The latest milestone in this partnership includes...

LOS ANGELES--(BUSINESS WIRE)--On June 24–25, The Resiliency Company will host a convening in Los Angeles to accelerate bold funding strategies that ensure fire-prone regions like LA can rebuild safer, stronger and more resilient. The two-day event, “Rebuilding with Resilience in LA,” follows the catastrophic LA wildfires in January, which devastated over 40,000 acres and caused billions of dollars in damages. The gathering will bring together policymakers, community leaders, builders, lenders,...

NORWALK, Conn.--(BUSINESS WIRE)--HomeServe survey finds Americans think they’re ready for storm season, but most are unprepared and offers tips to keep your home and family safe....

LONDON--(BUSINESS WIRE)--Leading global consultancy Kearney, in partnership with the World Economic Forum, has today published a new report highlighting the rapid evolution of advanced air mobility (AAM) from concept to practical deployment. Expected to redefine transport and enable critical services such as infrastructure inspection, wildfire detection, and emergency response, the AAM market is projected to grow to nearly 80 billion dollars by 2034.1 To ensure that this growth is responsible a...

BOSTON--(BUSINESS WIRE)--Karen Clark & Company (KCC) is pleased to launch its suite of high velocity (HV) models. These streamlined models, currently available for hurricane and severe convective storm (SCS), are designed for faster loss analysis and greater efficiency, while maintaining consistency with KCC’s established, accurate catastrophe models. Built on the same scientific methodology as KCC’s industry-leading catastrophe reference models, the HV models enable (re)insurers to conduct...

SAN ANTONIO--(BUSINESS WIRE)--U-Haul® is offering 30 days of free self-storage and U-Box® container usage at 16 facilities across the San Antonio metro area to those affected by Thursday’s record-breaking flooding. San Antonio and its suburbs received up to seven inches of rain. Flash floods made streets impassable, swept away vehicles and produced several fatalities. Some residential properties likely sustained water damage. Access to dry and secure self-storage units and portable storage cont...

BOSTON--(BUSINESS WIRE)--Karen Clark & Company (KCC) is pleased to announce that the KCC US Hurricane Reference Model Version 5.0 has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM). KCC is the first model vendor to be certified under the latest FLCHPM standards. KCC engineers and scientists have incorporated several key enhancements in the latest version of the KCC Hurricane Model, including new secondary building characteristics, new vulnerabilit...

HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) is offering resources to help residential and commercial property owners prepare for hurricane season. With the season now officially underway, the potential for severe weather highlights the critical need for homeowners and business owners to take proactive steps in protecting their properties. “The 2025 hurricane season serves as a reminder for consumers and businesses to assess their readiness,” said Joanne Carmody,...

GERMANTOWN, Md.--(BUSINESS WIRE)--The Western United States faces a rapidly worsening drought crisis, with affected areas nearly tripling compared to last year, according to AEM’s 2025 Summer Weather Outlook, which was released today. This significant drought expansion raises serious concerns about water availability, agricultural productivity, wildfire threats, and infrastructure stability across the region. The report shows Lake Mead and Lake Powell, crucial reservoirs providing water for mil...