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Analysts Say Cat Models Would Encourage Wildfire Mitigation Measures - Vimarsana News

Analysts Say Cat Models Would Encourage Wildfire Mitigation Measures

Analysts Say Cat Models Would Encourage Wildfire Mitigation Measures Predictive modelers told California regulators on Thursday that the state’s antiquated rules for calculating wildfire risk when setting property insurance rates discourage innovative mitigation measures that could ultimately reduce losses. Nancy P. Watkins, a principal and consulting actuary for Milliman, said during a webcast on “home hardening” hosted by the state Department of Insurance that California is one of only three states that doesn’t allow insurers to use catastrophe modeling to determine wildfire risk. R...

Wildfire resilience requires action from all, explains IBHS Chief - Vimarsana News

Wildfire resilience requires action from all, explains IBHS Chief

/PRNewswire/ -- As California grapples with the wildfire risk across the state, the Insurance Institute for Business & Home Safety (IBHS) today shared the...

Detailed text transcripts for TV channel - CNN - 20170901:10:51:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170901:10:51:00

Completely engulf buildings that were 12 stories tall. bear in mind even when the water starts going away, the danger will still be there. the water is not pristine, infused with petrol chemicals, toxins from homes, raw sewage, many, many threats even as the water drains off. >> wow, look at tom next to the wall of water. what about recovery? it's going to take years. it's going to cost billions, maybe more than we've ever seen spent. fema has already approved assistance for 96,000 people. that's just the first wave. they've received 51,000 flood insurance claims from texas. what happens to re...

Detailed text transcripts for TV channel - CNN - 20170901:10:54:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170901:10:54:00

>> so is there any federal assistance for people who don't have the insurance? >> so this is the numbers that you started with right there at the top of the piece. they need to go to disasterassistance.gov and begin that process, the kind of temporary assistance we can do. what we do under the stafford act, that individual assistance, it's really a life vest. it helps them in the near term with a house, a way to eat, begin to muck out. for many of those not insured, they're going to be reliant on loans, on non-profits to come in and help them rebuild their lives. >> that's an ugly reality. if ...

Detailed text transcripts for TV channel - FOXNEWS - 20170831:11:35:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20170831:11:35:00

Dallas. those are the shelters with the most capability that we're pushing. search and rescue, well over 10,000 people just by federal forces alone have been rescued. and that number is going to climb with beaumont. but what's most press are the neighbor helping neighbor numbers. countless number of rescues taking places. the whole community is responding and descending upon texas. regarding the national flood insurance program, unfortunately, there are rumors out there that we are trying to control so i'm going to flip it over to our flood insurance program director roy wright to de-conflict ...