Natural disasters

Earlier this week, NOAA scientists and staff were told to log and clear all international contacts and communication, according to internal communications seen by Bloomberg News.

Aon, Floodbase and Swiss Re launch parametric hurricane-related storm surge insurance.

Before the wildfires, California decided to pass on reinsurance costs to policyholders. After the fires, California is considering catastrophe bonds to help shore up the state's insurer of last resort. A consumer advocate says these measures concentrate too much risk locally and do not improve home insurance availability.

Terms of home insurance policies and rising construction costs will affect how those who lost their homes in the Los Angeles wildfires can rebuild.

California had the most natural disasters over the 20 year period according to a study from MoneyGeek.

New Zealand plans to introduce legislation before the end of the year that will create a framework to help communities and businesses adapt to the impacts of climate change.

The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake of Los Angeles-area wildfires.

The recovery of local governments and utilities from hurricanes Helene and Milton continues but the outlook for next season and beyond is troubling.

Members whose districts include Altadena and Pacific Palisades are behind the measure, which calls for an initial 180-day forbearance period.

This attorney walks LA employers through what they need to get on the road to financial recovery.