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Tag Archives: natural disaster

Coronavirus Hinders Rebuilding Efforts

After more than 40,000 structures were affected by the recent string of tornadoes across the Southeast U.S., a new report identified the unique challenges added by COVID-19 to the recovery efforts.

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Technology’s Role in Dealing with Disasters

Chad Mosley is Chief Relationship Officer for Mortgage Contracting Services (MCS), a nationwide provider of property inspections, property preservation, REO property maintenance, HOA and utility services, property registrations, steel security products and other mortgage-related services. Mosley joined MCS in summer ...

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Dorian Could Bring Losses of More Than $1B

hurricane storm surge

Insurance Business America reports that insured losses from Hurricane Dorian in the U.S. could be between $500 million and $1.5 billion, according to estimates from analytics firm RMS.  The projection represented insured losses associated with wind and storm-surge damage, as ...

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Hurricane Barry Update: Impact on Louisiana

flooding

Analysis by CoreLogic shows that 339,480 homes in Louisiana face the danger of flood damage due to Tropical Storm Barry.  The report states that 32.6% of homes in the state are located within a Special Flood Hazard Area (SFHA), and ...

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Homeowners Underinsured for Certain Natural Disaster

flooding

A new report by ValuePenguin.com states that just 7% of homeowners have a flood insurance policy, despite floods being the most common natural disaster. The Atlantic hurricane season is less than a month away, and while 91% of homeowners have ...

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