Pacific typhoon season

Demotech - The Rating Agency that Stepped Up

Retrieved on: 
Wednesday, November 23, 2022
Hurricane Andrew, Risk, P&C, JUA, Failure, Insurance, Resuscitation, Environment, Fannie, Acunto Napoli, Advocate, Sunshine State, Editorial, Fraud, Legislation, Insurance Information Institute, Face, Home insurance, Centauri, Longitudinal wave, House, CFA, Florida International University, Senate, Pacific typhoon season, Research, Multimedia, Fever, Music of Asia, Nightclub, Property insurance, Freddy

Since 1985, Demotech has served the industry by assigning accurate, reliable, and proven Financial Stability Ratingsto P&C insurers and Title underwriters.

Key Points: 
  • Since 1985, Demotech has served the industry by assigning accurate, reliable, and proven Financial Stability Ratingsto P&C insurers and Title underwriters.
  • In 1996, when the major insurer rating agencies avoided the newly capitalized insurers depopulating the Florida Residential Property and Casualty Joint Underwriting Association (JUA), Demotech, Inc.,the insurer rating agency accepted by Fannie and Freddie since 1990, stepped up to rate the insurers that would de-populate the JUA.
  • By doing so, the rating agency grew from rating a negligible market share of Florida's premium volume to nearly 60% of the homeowners' volume in the state.
  • Now, just to be clear, Demotech is NOT a lobbying agency, it is a rating agency that stepped up in its rhetorical outreach to better a marketplace in which it plays a key role.

INCENTER Insurance Solutions Opens New Office in Texas, Delivering Expertise Across the Entire State

Retrieved on: 
Thursday, November 17, 2022
Insurance, Flood, Pacific typhoon season, Tornado, Gulf Shores, Alabama, Farm, Financial services, RV

PLANO, Texas, Nov. 17, 2022 /PRNewswire/ -- INCENTER Insurance Solutions, a member of the INCENTER family of companies, today announced the opening of an office in Plano, Texas, which will serve the entire state. The new office opens its doors with five staff members born and raised in Texas. In the coming months, the company will add up to 20 more employees.

Key Points: 
  • PLANO, Texas, Nov. 17, 2022 /PRNewswire/ -- INCENTER Insurance Solutions , a member of the INCENTER family of companies, today announced the opening of an office in Plano, Texas, which will serve the entire state.
  • While INCENTER Insurance Solutions delivers on its local market knowledge, the company's national reach also benefits the state.
  • For example, if a client has a second property in Florida, INCENTER Insurance Solutions is licensed to provide homeowners insurance there.
  • INCENTER Insurance Solutions provides insurance services and solutions that help clients obtain coverage while advancing their personal or business goals.

ADS Foundation Donates to the Florida Disaster Fund in Support of Hurricane Ian and Hurricane Nicole Recovery in the State

Retrieved on: 
Thursday, November 17, 2022
Quality of life, Advanced Drainage Systems, ADS, Pacific typhoon season, Drainage, Water, Organization, Tropical Storm Nicole, Partnership, Plant, Private sector, NYSE, Multimedia, Investment, Recycling, WMS, Water resources, Agriculture, Tropical Storm Ian, Engineering, Public sector, Sewage, Property insurance, Bottled water

ADS is heavily invested in protecting Florida's watersheds and water resources, supporting communities across the state and assisting those most impacted by recent hurricanes there.

Key Points: 
  • ADS is heavily invested in protecting Florida's watersheds and water resources, supporting communities across the state and assisting those most impacted by recent hurricanes there.
  • Hurricane Ian had a devastating impact on so many Florida communities, and followed so closely by Hurricane Nicole with additional unprecedented coastal destruction and continued flooding across the state, it's imperative that resources are immediately available for recovery.
  • In partnership with the public sector, private sector and other nongovernmental organizations, the Florida Disaster Fund supports response and recovery activities.
  • The Florida Disaster Fund distributes funds to organizations that serve individuals within their communities with disaster response and recovery.

Luxury Waterfront Development Gulfside Twelve Has Finalized the Purchase of the Carousel Beach Motel in Estero Island, Florida

Retrieved on: 
Thursday, November 10, 2022
GLOBE, Pacific typhoon season, CEO, Acquisition, Food, LLC, Hotel

Carousel Beach Redevelopment, LLC, a subsidiary of Dublin Real Estate Investment Group, LLC completed the purchase of the 27-room Carousel Beach Motel earlier this month, making it the final piece to the luxury development.

Key Points: 
  • Carousel Beach Redevelopment, LLC, a subsidiary of Dublin Real Estate Investment Group, LLC completed the purchase of the 27-room Carousel Beach Motel earlier this month, making it the final piece to the luxury development.
  • The demand for Gulfside Twelve remains high with three of the first four units in Phase One already under contract.
  • Gulfside Twelve is located at 6240/6230 Estero Boulevard, Fort Myers Beach, FL 33931.
  • Dublin Real Estate Investment Group was founded in 2018 and is known for its ability to identify and develop extraordinary real estate opportunities.

Increased 32.4% in 3Q22: Acquisitions in the United States and Brazil and good performance of the countries in the region, positively impact Cencosud's revenues.

Retrieved on: 
Thursday, November 10, 2022
Home Goods, Residential Building & Real Estate, Retail, Construction & Property, Finance, Professional Services, Supply Chain Management, Online Retail, Department Stores, Wine & Spirits, Agriculture, Natural Resources, Supermarket, Specialty, Food, Beverage, Fashion, USD, Yoy, Leadership, Center, COP, Financial services, Ames (department store), Environment, The Fresh Market, PEN, Efficiency, Shopping, CLP, Pacific typhoon season, Home improvement, GIGA, EBITDA, Department store, Company, Adjustment, Cash, TFM, Automation, Growth, CEO, BRL, Acquisition, Grocery store, Retail, Bookkeeping, Supermarket, Cencosud, Giga-

The CEO also highlighted that "the solid performance of our supermarket and shopping center businesses continues, coupled with a resilient Home Improvement operation in Argentina.

Key Points: 
  • The CEO also highlighted that "the solid performance of our supermarket and shopping center businesses continues, coupled with a resilient Home Improvement operation in Argentina.
  • However, despite the more challenging environment compared to 2021, Supermarkets continues to demonstrate resilience and solid sales and market share growth.
  • Its operations encompass several business lines, such as Supermarkets, Home Improvement, Department Stores, Shopping Centers and Financial Services.
  • Additionally, it develops other business lines that complement its core operation, such as Cencosud Media and Cencosud Ventures.

L3Harris Infrared Weather Forecasting Technology Launches on NOAA Satellite

Retrieved on: 
Thursday, November 10, 2022
Environment, Technology, Other Defense, Natural Disasters, Satellite, Other Technology, Aerospace, Manufacturing, Defense, Forecasting, Technology, NYSE, Temperature, Weather, Cris, NOAA, Spacecraft, Atmosphere, L3Harris Technologies, Water, JPSS-3, LHX, Suomi NPP, Pacific typhoon season, Tornado, Communications satellite

L3Harris Technologies (NYSE:LHX) announced today its Cross-Track Infrared Sounder (CrIS), designed to enhance severe weather detection capabilities, successfully launched aboard NOAAs Joint Polar Satellite System-2 weather satellite.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) announced today its Cross-Track Infrared Sounder (CrIS), designed to enhance severe weather detection capabilities, successfully launched aboard NOAAs Joint Polar Satellite System-2 weather satellite.
  • This technology improves NOAAs prediction of hurricanes, tornadoes and other extreme weather events and the accuracy of weather models three-to-seven days in advance by providing more precise temperature and water vapor information.
  • L3Harris CrIS instrument enables NOAA to add greater fidelity to its severe weather forecasts and severe weather events around the world, said Rob Mitrevski, vice president and general manager, Spectral Solutions, Space and Airborne Systems, L3Harris.
  • L3Harris Technologies , an agile global aerospace and defense technology innovator, delivers end-to-end solutions meeting our customers mission-critical needs.

Aflac and Trupanion Announce Joint Venture - Aflac Pet Insurance in Japan

Retrieved on: 
Thursday, November 10, 2022
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The joint venture, Aflac Pet Insurance, will leverage Aflac's strong brand, insurance expertise, and broad distribution network in Japan with Trupanion's expertise and leadership in pet insurance.

Key Points: 
  • The joint venture, Aflac Pet Insurance, will leverage Aflac's strong brand, insurance expertise, and broad distribution network in Japan with Trupanion's expertise and leadership in pet insurance.
  • Beginning in the second half of 2023, pending necessary regulatory approvals, Aflac Pet Insurance will offer high-value pet medical insurance designed to help pet owners budget for unexpected care for their pets.
  • "This joint venture will combine Aflac's brand recognition, broad distribution network and industry leadership in Japan with Trupanion's brand, strong reputation and expertise within the pet insurance industry."
  • Aflac Life Insurance Japan is the leading provider of medical and cancer insurance in Japan, where it insures 1 in 4 households.

Team Rubicon Receives $500K Commitment From J.M. Huber Corporation

Retrieved on: 
Thursday, November 10, 2022
J.M. Huber Corporation, LOS, World Health Organization, Wildfire, Education, Veteran, Nutrient, WHO, Flood, WASH, RRF, Efficiency, EVP, News, Disaster, Pacific typhoon season, Team Rubicon, Food, Tornado, Volunteering, Risk management, South African Gentile National Socialist Movement, Health

LOS ANGELES, Nov. 10, 2022 /PRNewswire-PRWeb/ -- J.M. Huber Corporation (Huber) announced today the commitment of $500,000 to Team Rubicon (TR), a veteran-led humanitarian organization that serves global communities before, during, and after disasters and crises.

Key Points: 
  • Huber Corporation announces $500,000 donation to support communities impacted by disasters and crises across the globe.
  • Huber Corporation (Huber) announced today the commitment of $500,000 to Team Rubicon (TR), a veteran-led humanitarian organization that serves global communities before, during, and after disasters and crises.
  • "This gift from Huber allows Team Rubicon to respond to even more disasters, big and small, no matter where they strike," said Team Rubicon CEO Art delaCruz.
  • Team Rubicon is a veteran-led humanitarian organization that serves global communities before, during, and after disasters and crises.

Aflac Incorporated to Webcast 2022 Financial Analysts Briefing

Retrieved on: 
Wednesday, November 9, 2022
Terrorism, Climate change, Confidentiality, Tsunami, U.S. Securities and Exchange Commission, Webcast, Aflac, Dow Jones, SEC, Company, NYSE, ESG, Government, Socially responsible investing, Private Securities Litigation Reform Act, Privacy, Epidemic, PRI, Pacific typhoon season, Insurance, Tornado, Forward-looking statement, COVID-19, View, AFL, World, Pandemic, Social responsibility, Principle, Information technology, Earthquake, Principles for Responsible Investment, Analyst, Violence, Ethisphere Institute, Fortune, St. Louis Fed Financial Stress Index, Multimedia, Security (finance), Failure, Time, Online shopping

COLUMBUS, Ga., Nov. 9, 2022 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it will webcast its annual Financial Analysts Briefing on November 15, 2022 at 8:00 a.m. (ET).

Key Points: 
  • COLUMBUS, Ga., Nov. 9, 2022 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it will webcast its annual Financial Analysts Briefing on November 15, 2022 at 8:00 a.m. (ET).
  • For more than six decades, insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress.
  • In 2022, Aflac Incorporated was included on Fortune's list of World's Most Admired Companies for the 21st time and Bloomberg's Gender-Equality Index for the third consecutive year.
  • Investors may learn more about Aflac Incorporated and its commitment to ESG and social responsibility at investors.aflac.com under "Sustainability."

BDA Promotes Bermuda as a Climate Risk Finance Capital at COP27

Retrieved on: 
Monday, November 7, 2022
Advocacy Group Opinion, Green Technology, Business, Environment, State, Local, Insurance, Sustainability, Environmental Policy, Finance, Environmental Issues, Environmental Health, Professional Services, Other Natural Resources, Public Policy, Government, Natural Disasters, Natural Resources, Recycling, Climate Change, Flood, Climate change, Marine spatial planning, Association, Interior minister, Hon, COP27, Pacific typhoon season, Non-governmental organization, BDA, COP26, Hub, Marine, Partnership, Conference, United Nations Climate Change conference, Wildfire, MP, JP, 2021 United Nations Climate Change Conference, Renewable energy, EU

The Bermuda Business Development Agency (BDA) will promote the attributes of the Island as a global climate risk finance capital at the 27th United Nations Climate Change Conference (COP27), which begins today in Sharm El-Sheikh, Egypt, and runs through November 18.

Key Points: 
  • The Bermuda Business Development Agency (BDA) will promote the attributes of the Island as a global climate risk finance capital at the 27th United Nations Climate Change Conference (COP27), which begins today in Sharm El-Sheikh, Egypt, and runs through November 18.
  • BDA CEO, David Hart said, Last year at COP26, the BDA felt we were in the right place at the right time to share Bermudas aspirations to serve as the climate risk finance capital of the world.
  • At COP26 the BDA hosted a Bermuda luncheon, for a diverse group of 50 climate leaders and potential partners from around the globe.
  • At COP27 we are pleased to once again host a Bermuda climate risk finance reception at Hub Cultures Climate Pavilion.