Natural Disasters

Media invitation: World leaders must make headway for adaptation - there are no alternatives

Retrieved on: 
Monday, March 18, 2024
Environmental, Social and Governance (ESG), Green Technology, Climate Change, Sustainability, Public Policy, Other Policy Issues, Socially Responsible Investing, Finance, Recycling, Professional Services, Environmental Policy, Environment, Environmental Issues, Government, Environmental Health, Natural Disasters, Climate change, Development, Survival, COP29, Independent, Climate, Adaptation, Policy, NDC, Senior advisor, Investment, DanChurchAid, Heart, Heat, United Nations Foundation, Multimedia, E3G, Sustainable development, Developed country, Sustainable Development Goals, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20240318208761/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240318208761/en/
    The year 2024 is of paramount importance for our future.
  • We face an urgent need to handle the climate crisis, within the broader range of Sustainable Development Goals.
  • This year’s high-level meetings leading up to COP29 will focus on climate finance, aiming to address the substantial funding gaps.
  • “Adaptation finance must be at the heart of the negotiations towards COP29.

Hamilton Sponsors New Catastrophe Bond Easton Re Series 2024

Retrieved on: 
Thursday, March 14, 2024
Professional Services, Insurance, Natural Disasters, Environment, HG, Risk, ILS, Senior, MMC, Multimedia, Bookrunner

Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”) announced today the sponsorship of a new catastrophe bond through the issuance of Series 2024-1 notes by Easton Re Ltd. (“Easton Re”).

Key Points: 
  • Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”) announced today the sponsorship of a new catastrophe bond through the issuance of Series 2024-1 notes by Easton Re Ltd. (“Easton Re”).
  • “We are extremely pleased to announce the success of our second sponsorship of Easton Re bonds,” said Hanni Ali, Senior Vice President.
  • “That we have secured more retrocession than initially targeted and at a better price than original guidance, underscores investor confidence in Hamilton.
  • We are encouraged by the continued support and aim to further build on our relationships with ILS investors.”
    The Easton Re catastrophe bond has been issued from Bermuda and the risk period will run from January 1, 2024 through December 31, 2026.

Salient Unveils Next-Generation Weather Forecasting Model to Transform Risk Management

Retrieved on: 
Wednesday, March 13, 2024
Green Technology, Environment, Other Science, Insurance, Artificial Intelligence, Environmental Issues, Environmental Health, Data Management, Professional Services, Science, Technology, Other Energy, Data Analytics, Agriculture, Natural Disasters, Natural Resources, Energy, Climate Change, Intelligence, Risk, Wind, Senior, Temperature, Record, Forecasting, Face, Salient, ZS, Weather, Risk management

Salient Predictions , the leader in S2S weather forecasting and insights, announced the launch of a cutting-edge model upgrade and application.

Key Points: 
  • Salient Predictions , the leader in S2S weather forecasting and insights, announced the launch of a cutting-edge model upgrade and application.
  • "With the unveiling of our enhanced S2S forecasting platform, we're setting a new standard in weather intelligence, offering decision-makers the tools to not only survive but thrive in the face of extreme weather events,” stated Janet Lee , Chief Product Officer at Salient.
  • According to Climate.gov , the United States experienced 28 weather and climate disasters in 2023, each costing over $1 billion and surpassing previous records.
  • Zurich Santander (ZS), a global insurance leader, collaborates with Salient to provide customers with weather-related risk insights, promoting wellbeing and climate resilience.

Yamaha Continues Support for Conch Republic Marine Army

Retrieved on: 
Tuesday, March 12, 2024
Environmental Health, Professional Services, Foundation, Philanthropy, Other Natural Resources, Natural Disasters, Sports, Natural Resources, Maritime, Powerboating, Other Philanthropy, Outdoors, Transport, Sustainability, Environmental, Social and Governance (ESG), Environment, Fishing, Health, U.S.A, Water resources, Volunteering, CRMA, USCG, Water quality, Yamaha Motor Company, Water, Multimedia, Marketing, Kerosene

Through a renewed Yamaha Rightwaters™ sponsorship, Yamaha continues as the official outboard of Conch Republic Marine Army (CRMA), powering the organization’s clean-up boat with a Yamaha 225-horsepower outboard.

Key Points: 
  • Through a renewed Yamaha Rightwaters™ sponsorship, Yamaha continues as the official outboard of Conch Republic Marine Army (CRMA), powering the organization’s clean-up boat with a Yamaha 225-horsepower outboard.
  • View the full release here: https://www.businesswire.com/news/home/20240312725755/en/
    Through a renewed Yamaha Rightwaters™ sponsorship, Yamaha continues as the official outboard of Conch Republic Marine Army (CRMA), powering the organization’s clean-up boat with a Yamaha 225-horsepower outboard.
  • "As the official outboard of Conch Republic Marine Army, Yamaha plays a key role in the restoration of the fragile marine habitats of the Florida Keys and allows us to continue hosting clean-up trips for thousands of volunteers who participate."
  • Yamaha’s U.S. Marine Business Unit, based in Kennesaw, Ga., is responsible for the sales, marketing, and distribution of Yamaha Marine products in the U.S. including Yamaha Outboards, Yamaha WaveRunners®, Yamaha Boats, G3® Boats and Skeeter® Boats.

Fire Victim Trust to Increase Pro Rata Payments to California Fire Survivors to 66%

Retrieved on: 
Tuesday, March 12, 2024
Public Policy, Government, Legal, Natural Disasters, Utilities, Environment, State, Local, Energy, Professional Services, Bankruptcy, PG&E, Camp Fire (2018), Sale, Butte Fire, Death, Trust, United States bankruptcy court, Corporate action, Survivor, Fire, Medicine, FVT, Trustee, Campfire

Cathy Yanni, Trustee of the Fire Victim Trust (FVT), announced a pro rata payment increase from 60 percent to 66 percent effective April 25, 2024.

Key Points: 
  • Cathy Yanni, Trustee of the Fire Victim Trust (FVT), announced a pro rata payment increase from 60 percent to 66 percent effective April 25, 2024.
  • “With $1.2 billion in additional liquidity from our final stock sales and 97% of claims now accepted and final, we are confident we can safely increase the pro rata payment percentage for all fire survivors by six percent,” said Cathy Yanni.
  • The FVT was created in July 2020 and funded with both cash and shares of stock pursuant to PG&E’s Chapter 11 Plan of Reorganization.
  • The Fire Victim Trust evaluates, administers, processes and resolves eligible claims arising from the 2015 Butte Fire, 2017 North Bay Fires, and 2018 Camp Fire.

California Strengthens Emergency Preparedness with Motorola Solutions’ Rave Prepare for Enhanced Alerting

Retrieved on: 
Thursday, March 7, 2024
Environment, Mobile, Wireless, Technology, Security, Natural Disasters, Telecommunications, Public Policy, Government, Software, Hardware, Public Safety, Motorola Solutions, Transport, Safety, Earthquake, Language, Heat, Communication, Rave, AFN, Registry, Weather, MSI, SMS

Motorola Solutions (NYSE: MSI) today announced that the state of California has bolstered its disaster preparedness and response capabilities by leveraging Rave Prepare to collect additional opt-in information that will help emergency managers, public safety authorities and public health preparedness officials more accurately target critical messages via the state’s Enhanced Alerting program.

Key Points: 
  • Motorola Solutions (NYSE: MSI) today announced that the state of California has bolstered its disaster preparedness and response capabilities by leveraging Rave Prepare to collect additional opt-in information that will help emergency managers, public safety authorities and public health preparedness officials more accurately target critical messages via the state’s Enhanced Alerting program.
  • “The state of California has taken significant steps to address the emergency preparedness needs of those who may require alternative safety strategies through its NG 9-1-1 initiative,” said Todd Piett, corporate vice president of command center technologies at Motorola Solutions.
  • Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security.
  • Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.motorolasolutions.com .

Numat Announces Launch of SENTINEL™ Filtration Platform, Revolutionizing Chemical Protection Technology for 21st Century Threats

Retrieved on: 
Wednesday, March 6, 2024
Wearables, Mobile Technology, Security, Manufacturing, Defense, Environment, Other Defense, Hospitals, Technology, Nursing, Public Policy, Government, Medical Supplies, Natural Disasters, Other Manufacturing, Law Enforcement, Emergency Services, Health, Military, Health Technology, Chemicals, Plastics, Emergency, Ammonia, Multimedia, Framework, NO2, Chlorine, Nitrogen dioxide, NH3, PFAS, Energy, Face

Numat Technologies, Inc. (“Numat”), a global leader in metal-organic frameworks (“MOFs”), announces the launch of the SENTINEL™ MOF filtration platform.

Key Points: 
  • Numat Technologies, Inc. (“Numat”), a global leader in metal-organic frameworks (“MOFs”), announces the launch of the SENTINEL™ MOF filtration platform.
  • Endorsed and qualified over incumbent technologies by leading equipment manufacturers and end users in the Defense and Industrial safety communities, SENTINEL™ offers superior protection against current and emerging chemical threats.
  • View the full release here: https://www.businesswire.com/news/home/20240306369010/en/
    Numat Announces Launch of SENTINEL™ Filtration Platform.
  • Their exceptional selectivity and vast surface area enable SENTINEL™ MOFs to outperform existing filtration technologies, delivering a step-change in performance in a variety of applications.

Ed Freedman’s Stable Road Foundation and Noah’s Arc Bring Clean Water to 130 Residents of Pu’uhonua o Nēnē, Maui Shelter for Fire Victims

Retrieved on: 
Monday, March 4, 2024
Foundation, Philanthropy, Natural Disasters, Environment, NBA, AWG, Fire, Life, Sport, Water, Benzene, Drinking water, Child, Wildfire

Stable Road Foundation has contributed over $35,000 to help Noah’s Arc source, transport, and operate a T-300 Altitude Atmospheric Water Generator (AWG).

Key Points: 
  • Stable Road Foundation has contributed over $35,000 to help Noah’s Arc source, transport, and operate a T-300 Altitude Atmospheric Water Generator (AWG).
  • “Everybody on Maui matters, and this initiative helps ensure that nobody will be left behind in the recovery,” says Ed Freedman, founder of Stable Road Foundation.
  • “When Cecilia and Noah asked us to help bring this project to life, I said yes because it aligns perfectly with our mission.
  • The machine can generate up to 300 gallons of water a day for residents of Pu’uhonua o Nēnē by pulling water directly from the atmosphere.

CoreLogic Previews the Evolving Severe Convective Storm Risk Landscape in New Report

Retrieved on: 
Thursday, February 22, 2024
Professional Services, Data Analytics, Environment, Residential Building & Real Estate, Natural Disasters, Environmental Issues, Construction & Property, Storm, Tornado, CoreLogic, Weather, Wind

CoreLogic®, a leader in global property information, analytics and data-enabled solutions, released its 2024 Severe Convective Storm Report, detailing how severe thunderstorm risk is growing in the United States and highlighting the historic severe convective storm activity, also known as severe thunderstorm, seen in 2023.

Key Points: 
  • CoreLogic®, a leader in global property information, analytics and data-enabled solutions, released its 2024 Severe Convective Storm Report, detailing how severe thunderstorm risk is growing in the United States and highlighting the historic severe convective storm activity, also known as severe thunderstorm, seen in 2023.
  • There were 141 days with large hail (two inch or greater) in 2023—the highest number of days in 20 years.
  • In the aggregate, severe convective storms generated an unprecedented amount of insured loss on par with a single major hurricane.
  • To illustrate the severity of the storms seen in 2023, the report identifies one specific, highly damaging week of severe thunderstorm activity: June 11 – 16, 2023.

Compass Minerals Announces Participation in BMO Global Metals, Mining & Critical Minerals Conference

Retrieved on: 
Thursday, February 22, 2024
Chemicals, Plastics, Mining, Minerals, Environment, Manufacturing, Natural Disasters, Natural Resources, CFO, Compass, Compass Minerals, Conference

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it will participate in the BMO Global Metals, Mining & Critical Minerals Conference from Feb. 26, 2024 through Feb. 28, 2024, including one-on-one meetings with Edward C. Dowling Jr., president and CEO, and Lorin Crenshaw, CFO.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that it will participate in the BMO Global Metals, Mining & Critical Minerals Conference from Feb. 26, 2024 through Feb. 28, 2024, including one-on-one meetings with Edward C. Dowling Jr., president and CEO, and Lorin Crenshaw, CFO.