Insurers Must Embrace Geospatial AI by Pierre du Rostu
Insurers have been pulling out of high-risk areas due to climate change, economic instability, political unrest, cybercrime, and supply-chain shocks. According to the European Investment Bank, every euro spent on prevention saves €5-7 in recovery costs. Geospatial technology tracks risks in real time by analyzing data from satellite imagery and drones.
More than two dozen tornadoes and flooding rains pummeled the central United States on Wednesday night. Forecasters are bracing for more significant rainfall that will last through the weekend. The rain is forecast to persist day after day, with totals well over a foot. It is possible that some places could receive another foot of rainfall, which would be devastating. …
The drought in the north prevents Mexico from fulfilling the Water Treaty with the United States
Mexico will not be able to comply with the delivery of water under the International Water Treaty of 1944 due to drought. The US State Department denied a request from Mexico for the water supply of the Colorado River to Tijuana at the end of March. The president of Mexico, Claudia Sheinbaum, has reported that there is dialogue with the …
At least six people have been killed in a wide swath of violent storms and tornadoes that hit the South and Midwest. The first wave of storms killed at least four people in western Tennessee and one each in Missouri and Indiana. Emergency crews spent several hours rescuing a woman from a collapsed warehouse in Indiana. There was massive destruction …
How outdated storm drains contributed to San Diego’s $52 million in emergency repairs
The city of San Diego spent $52 million last year on emergency repairs for infrastructure projects related to stormwater infrastructure. The city has a shortfall of about $250 million in the budget that takes effect on July 1. Some of the projects were a result of the heavy rains and flooding which took place in San Diego communities last January.
The destructive storm will continue for millions of people across the Mid-South on Thursday. The Weather Prediction Center called it a “prolonged, life-threatening flash flood event” with “major flooding” expected. There had been more than 450 reports of severe weather from Texas to Michigan, including 25 preliminary reports of tornadoes, damaging winds and hail the size of baseballs. More than …
Storm Forecast: Flooding Expected in Arkansas and Tennessee
More than two dozen tornadoes and flooding rains pummeled the central United States on Wednesday night. Forecasters are bracing for more significant rainfall that will last through the weekend. The most intense and potentially historic rain fell around Arkansas and Tennessee. The rain is forecast to persist day after day, with totals well over a foot. The potential for severe …