Latest news with #JustinMitchell
Yahoo
21-04-2025
- Automotive
- Yahoo
Looking back at 7 ways Mississippi's first Buc-ee's affected Interstate 10
Stories by Biloxi SunHerald journalists, with AI summarization The construction of a new Buc-ee's in Mississippi is transforming the Menge Avenue interchange along I-10, prompting significant infrastructure upgrades to manage anticipated traffic increases. Harrison County has invested $15 million in the interchange redesign, which includes demolishing and rebuilding a wider overpass, along with expanding lanes and ramps. These upgrades are part of preparations to accommodate the $50 million, 74,000-square-foot travel center set to open in 2025, featuring extensive fueling stations and retail space. The efforts highlight how retail growth can spur major public infrastructure investments, though ongoing road closures and detours have led to delays and challenges for local drivers. The project underscores the intersection of urban planning and commerce, as other developments are expected to follow in Buc-ee's footsteps. The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories below were reported, written and edited by McClatchy journalists. New lanes on Interstate 10 is the first step and that's coming soon. Here's everything you need to know. | Published June 27, 2023 | Read Full Story by Mary Perez Rejoice! Here's how long the smooth traffic will last near Pass Christian. | Published July 7, 2023 | Read Full Story by Justin Mitchell Here's how to navigate construction on I-10 and what's next for work at Menge Avenue interchange. | Published July 10, 2023 | Read Full Story by Mary Perez I-10 westbound will still close for a night to remove the bridge span at exit 24. Here's more. | Published August 4, 2023 | Read Full Story by Mary Perez Traffic will detour using the exit and entrance ramps, and will be down to one lane during the night-long closures. | Published August 7, 2023 | Read Full Story by Mary Perez Road crews are off for the holiday weekend. Here's what that means for lane closures on the interstate. | Published September 1, 2023 | Read Full Story by Mary Perez Crews have been working since the summer on the $15 million interchange that will accommodate Mississippi's first Buc-ee's Travel Center. | Published March 6, 2024 | Read Full Story by Martha Sanchez This report was produced with the help of AI tools, which summarized previous stories reported and written by McClatchy journalists. It was edited by journalists in our News division.
Telegraph
19-02-2025
- Business
- Telegraph
California wildfires likely to be one of costliest catastrophes ever for insurers
The California wildfires are likely to become 'one of the costliest insured catastrophes in history,' a London-listed insurance company has said. Insurers are facing a 'significant loss' from the fires with $100bn (£79bn) of payouts likely, according to Conduit Re. The business, which insures other insurance companies including various syndicates in the Lloyd's of London market, suffered $328m worth of losses in 2024 from events including hurricanes Helen and Milton. Its warning will raise fears of an even bigger blow from the catastrophic fires. Trevor Carvey, Conduit RE's chief executive officer, said: 'The California wildfires are a tragic event for the families and communities impacted, as well as a significant loss for the industry.' The catastrophic fires started in Pacific Palisades, an expensive neighbourhood near Santa Monica, before burning through more than 1m acres of prime California real estate since starting on Jan 7. Twenty-nine people are known to have died in the wildfires, including Justin Mitchell, a 35-year-old man with cerebral palsy who was caught in a blaze at his home in Altadena, a Los Angeles suburb. Mr Mitchell's 67-year-old father was also killed trying to protect his son. The raging wildfires have also destroyed more than 16,000 buildings throughout the state of California, including in prime areas like Malibu where the average house costs $5.5m, according to data from Conduit Re said it expects the California wildfires will cost the company itself between $100m and $140m. The Bermuda based firm predicted the overall cost to the insurance industry could hit more than $100bn. The insurance industry as a whole paid out $140bn in claims in 2024. Hurricane Katrina is the most expensive insured catastrophe ever. The cyclone that hit New Orleans in 2005 cost insurers $65bn, which is equivalent to $100bn in today's money when adjusted for inflation. Hurricane Ian, which hit the south of Florida in 2022, is also considered to be one of the costliest insured disasters in history. Conduit Re was started in 2020 by City veterans Neil Eckert and Trevor Carvey, who had both spent decades working in London's insurance industry before starting Conduit Re in Pembroke, Bermuda. Bermuda, a British overseas territory with a population of 63,000 people, is one of the world's major insurance hubs due to its low tax rates and business friendly approach to regulation. Conduit Re launched a public float on the London Stock Exchange in 2020, raising $1.1bn.
