People in Los Angeles can now download the ShakeAlertLA app, designed to provide early warnings of earthquakes. The app is aligned with the US Geological Survey's earthquake-alert system to provide several seconds' worth of warning time before an earthquake can be felt.
The Federal Emergency Management Agency reversed guidance it gave after the partial government shutdown began, which resulted in the National Flood Insurance Program halting policy renewal and issuance. FEMA said on its website that "the program will be considered operational since December 21, 2018, without interruption."
Florida Insurance Commissioner David Altmaier said insurance companies should work to close the remaining 42,000 open claims stemming from Hurricane Michael. A Florida statute specifies that carriers must provide "undisputed amounts or partial full benefits owed under first-party property insurance policies within 90 days after an insurer receives notice of a residential property insurance claim."
A storm that hit the West Coast over the weekend caused a mudslide that led to the partial closure of the Pacific Coast Highway in Southern California, while 80 miles of Interstate 80 were closed amid a lack of visibility and automobile spinouts. Heavy snow and strong wind also prompted avalanche warnings in California, Nevada and Utah on Sunday.
Officials of McKenzie County in North Dakota are working to better warn residents about severe weather after a deadly EF2 tornado struck an RV park in June, leaving a newborn dead, two dozen people injured and more than 200 homes damaged. Changes could include software upgrades after Sen. John Hoeven, R-N.D., called for a federal study of how to improve the state's Doppler radar.
A group of Missouri landowners and environmentalists is calling for the Federal Emergency Management Agency to require the lowering of a levee along the Mississippi River in Illinois. The levee is blamed for causing flooding on the Missouri side of the river, and the group alleges the levee is taller than its authorized height, while the Illinois levee district said it was in compliance after getting federal approval to build the structure.
Over the past few years, changes in demographics, regulations and the ways data are collected and interpreted have led to shifts in how large institutional investors choose how and where they allocate their funds. Increasingly, investors are looking at "responsible investing" to ensure that their money is being used for a greater good. Despite the growth, a significant obstacle remains: lack of a standard definition. A 2018 report from Aon aims to better categorize these so-called responsible investments to reflect the latest trends: an increasingly younger -- and female -- investor profile; new regulations; and the growing use of data to inform longer-term trends. Read more.
The Aon Risk Reward Challenge is a unique, season-long competition stretching across the PGA TOUR and LPGA that highlights golf's best strategic decision makers. The concept is not only authentic to the sport, but it brings consistency to golf by delivering the same season-long competition format and prize money to both male and female players from each tour. Learn more about the Aon Risk Reward Challenge and our partnerships with the PGA and LPGA Tours here.
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About Aon National Property
Aon’s National Property Practice is a collaborative team of 100 professional property brokers who combine their considerable
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natural catastrophic exposures, business interruption, terrorism and crisis management, risk control and claims advocacy.