Latest news with #Palisades
Yahoo
4 days ago
- Sport
- Yahoo
Miller Moss gives back to Palisades community by hosting youth football camp
Miller Moss reared back and fired. The 23-year-old's short and zippy receivers in oversized red jerseys leaped to grab the ball. In the sea of red, one player emerged with the ball, lifting his arm in celebration. The scene was familiar, Moss throwing a touchdown pass in Los Angeles to a teammate donning his home colors — and celebrating in the end zone. Yet, on Saturday morning at Beverly Hills High School, the celebrating player was a boy — not even half the size of the 6-foot-2 signal-caller — and the cause was bigger: the now-Louisville quarterback hosting a youth football camp for girls and boys to benefit Palisades fire relief efforts. For Moss, the last year was far from what he expected. Read more: Covering disaster from the inside: Pali High journalists face their own story In November during his fourth season at USC, Moss lost his starting quarterback role to Jayden Maiava after nine games, 18 touchdowns and nine interceptions. Then, in January, as he prepared a move to Kentucky to finish out his collegiate career away from home, the wildfires ravaged the Palisades. His childhood home burned to the ground, leaving just a basketball court he had often played on for hours in its destructive wake. Moss knew he had to do something for his community. Even if he was hurting from the impacts on his family, Moss still wanted to help others. 'This camp has kind of a personal note for me just in terms of being from the Palisades, having a ton of friends and family from that area,' said Moss, who made passes to 35 campers in drills Saturday. 'I think any way that you can exercise your platform to do good and to help the community, especially when it has that personal note, is always a positive.' Garrett Pomerantz, USC outside linebacker and Moss' former roommate, remembered visiting his friend and his family while they were cooped up at a hotel after the Palisades fire. Pomerantz said it was the first time he saw Moss depressed and needing emotional support. He said Moss isn't one to dwell in the details, adding that he's not surprised by his willingness to step up for his community. 'That's just Miller in a nutshell, like he's always trying to help others,' said Pomerantz, one of the many volunteers at Moss' youth football camp. 'He worries about others, worries about us as roommates and makes sure we're always doing good. Whenever you need someone to talk to, he's the guy you'd want to talk to.' On Wednesday, Moss put on a silver tuxedo and took part in Atlantic Coast Conference media days in Charlotte, N.C., to discuss his move from USC to Louisville for his final year of collegiate eligibility. While Moss said he was grateful to play at USC, he said he's drawing from positives as he meshes with a new team and works with Louisville coach Jeff Brohm and his staff. Louisville finished 9-4 last season. 'I hadn't been in that situation, probably since I was 18-years-old,' Moss said about the adjustment period being a transfer quarterback. 'I give the team, the locker room, a ton of credit in terms of just welcoming me with open arms and making me feel like I was at home.' On how he's adjusting to Brohm and the coaching staff: 'He's been phenomenal. His dedication, not only to being the best coach he can be, but to be able to invest in relationships with his players is really unique. He's a genuinely good human being that cares about the development of us and cares about having a relationship outside of merely the one that's player-coach based.' Moss said that no matter where he's playing, Southern California is always going to be his home. He was happy to return from ACC introduction and give back to his community. Michelle Bellamy, a single mother whose condo burned down in the Palisades fire, said she came with her young son as a relaxed introduction to playing football — inspired by the connection shared with Moss and the community. 'It's really kind and shows what character he has to put this together for these kids that were also affected by the fires and kids that weren't affected by the fires,' Bellamy said. 'It doesn't surprise me that he has that character, because he comes from a community that cares about one another.' Read more: USC's Lincoln Riley feeling 'refreshed' as pressure mounts to win in Year 4 As numerous members of Moss' family watched on, the camaraderie after the Palisades fire was on full display at Beverly Hills high six months later. Emily Kovner Moss, Miller's mom, said it's hard to know what drives people's character until you're placed in moments to act. While she and her family grieved over the loss of their home and community, Miller's reaction was immediate. Like Saturday, playing with the kids — whose families drove in from as far away as Ontario — Moss' first thought was to help. 'I'm just incredibly proud that he is who I always hoped he would be,' Kovner Moss said. Get the best, most interesting and strangest stories of the day from the L.A. sports scene and beyond from our newsletter The Sports Report. This story originally appeared in Los Angeles Times.
The Hill
4 days ago
- Health
- The Hill
Southern California marks 6 months since devastating wildfires
As the death toll from January's historic and devastating Southern California wildfires continues to rise with the discovery of additional human remains, many residents are still struggling to get back on their feet. More than six months later, the public and private resources for the thousands of residents forced to start new lives right after the new year are dwindling. The Palisades and Eaton Fires destroyed about 16,000 homes. Palisades victims are going after the city of Los Angeles in court over the fire response and the lack of water. Eaton victims are targeting SoCal Edison, saying the utility company's equipment may be linked to the start of the fire. Of the 31 people confirmed dead in the blazes, only one other person has yet to be identified. That person's remains were recovered on Jan. 14, on the 600 block of Lomas Avenue in Pacific Palisades. This yet-to-be-identified person has since been added to L.A. County's ongoing list of victims from January's wildfires. The current tally is 31 deaths, including 12 in the Palisades Fire and now 19 in the Eaton Fire. This is the first new wildfire victim located since April 2. The Medical Examiner's Office relies on complex scientific methods to identify human remains, which are typically in poor condition from the fires. Scientists utilize dental records, DNA comparison, radiographs, prosthetic serial numbers and other techniques to identify any remains that come into their possession.
Cision Canada
6 days ago
- Business
- Cision Canada
PALISADES PROPOSES $20-MILLION RETURN OF CAPITAL TRANSACTION TO UNLOCK SHAREHOLDER VALUE
VANCOUVER, BC, July 24, 2025 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) (" Palisades" or the " Company") announces it is proposing to carry out a return of capital transaction (the " Transaction"). Pursuant to the Transaction, the Company proposes to distribute a specified number of common shares currently owned by the Company, with a $20-million value, of New Found Gold Corp. (TSXV: NFG) to the shareholders of the Company on a pro-rata basis. The Transaction is intended to maximize value for Palisades' shareholders and allow Palisades to distribute shares to shareholders as a return of capital. The Transaction is also intended to be tax-efficient for Canadian Income Tax purposes. "Today's announcement of a $20 million return of capital marks our seventh distribution since 2021, bringing the total returned to shareholders to $76 million," said Collin Kettell, Founder and CEO of Palisades. "With management and insiders collectively holding approximately 45% ownership, our interests are strongly aligned with those of our shareholders. This alignment reinforces our core commitment to delivering meaningful returns. We appreciate the continued support of our stakeholders as we work to unlock the full value of our assets." The Company proposes to complete the Transaction by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia). The plan of arrangement will be voted on at the annual and special meeting of the shareholders of the Company to be held August 27, 2025 (the " Meeting") and will be subject to a number of conditions including shareholder and court approval, approval of the TSX Venture Exchange (" TSXV"), and completion of required regulatory filings. The resolution approving the Transaction must receive approval from two-thirds of the votes cast at the Meeting. The information circular for the Meeting will describe the Transaction in greater detail. In addition to the Transaction, at the Meeting, shareholders will also be voting on the following: To fix the number of directors to be elected at four; To elect directors of the Company to hold office until the next annual meeting; To re-appoint Deloitte LLP as auditor of the Company for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditor; To consider and, if deemed appropriate, approve the Company's stock option plan; To consider and, if deemed appropriate, approve the grant of conditional stock options under the Company's stock option plan, subject to the approval of the Company's stock option plan; and To consider and, if deemed appropriate, approve the potential creation of Michael Parker as a new Control Person of the Company, as such term is defined in the polices of the TSXV. The Company will announce the effective date of the Transaction once all necessary approvals have been obtained. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to buy of any securities in the United States. About Palisades Goldcorp Ltd. Palisades Goldcorp Ltd. is a Canadian company incorporated in the province of British Columbia acting primarily a resource investment company and merchant bank focused on junior companies in the resource and mining sector. The Company seeks to acquire equity participation in pre-initial public offering and early-stage public resource companies with undeveloped or undervalued high quality projects. The Company focuses on companies that are in need of financial resources to realize their full potential, are undervalued in capital markets, and/or operate in jurisdictions with low to moderate local political risk. The Company is focused on providing retail and institutional investors with exposure in the junior resource space. The Company primarily expects to continue to make investments, pursuant to its dual investment strategy, to achieve broad sector exposure with upside in the event of appreciation in mineral commodities prices, while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which the Company holds larger positions. At present, and after the acquisition of Palisades Investments Ltd (formerly Radio Fuels Energy Corp.) in February 2025, Palisades has a portfolio of equity investments, or securities convertible into equity investments, in over 125 junior resource issuers. Through subsidiaries, Palisades holds exploration properties in Nevada and a uranium exploration property in Canada. The Company owns 100% of Made in America Gold Corp., which ranks as the largest junior mineral claim holder in the State of Nevada, as well as 100% of Radio Fuels Resources Corp., which owns the Eco Ridge Uranium Project in Elliot Lake, Ontario. The common shares of the Company are listed and posted for trading on the TSXV under the symbol "PALI". Palisades' management team identifies highly prospective assets in politically safe jurisdictions and seeks to unlock their value by providing strategic investments, proven technical skills, global knowledge, and increased access to industry relationships. On behalf of the Board of Directors " Collin Kettell" Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements Regarding Forward Looking Information This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or" should" occur or be achieved. All statements in this news release, other than statements of historical fact, including, without limitation, statements relating to the successful completion of the Transaction and any tax effects thereof, and the plans and business of Palisades are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Palisades, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to close the Offering on the terms announced or at all, the ability of the Company to obtain acceptance by the TSX Venture Exchange. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Palisades does not assume any obligation to update these forward-looking statements should they change, except as required by applicable securities laws.
USA Today
22-07-2025
- Business
- USA Today
'A new reality': Price tag for LA fires pegged at $65 billion, report says
Until this year the 2018 Camp Fire stood as not only the deadliest wildfire in California history but also the costliest in the U.S., with $13 billion in economic losses, adjusted for inflation. A new report says each of the two major wildfires that devastated parts of Los Angeles County in January cost more than twice as much, adding up to a whopping $65 billion in losses. The Palisades ($37 billion) and Eaton ($28 billion) fires also became the most expensive wildfire events ever for the reinsurance industry, causing $40 billion total in covered damage, according to the report by Gallagher Re, a global firm that provides insurance to insurers. '(We're) talking about two of the most expensive fires ever recorded globally,'' said Steve Bowen, chief science officer for Gallagher Re, underscoring the rarity of such twin calamities occurring well into California's traditional rainy period. 'We're facing a new reality regarding the seasonality of wildfires,'' he said. The concurrent blazes killed 30 people and destroyed more than 16,200 buildings – compared to 85 and 18,800 for the Camp inferno, which wiped out the Northern California town of Paradise. Burning expensive real estate The increased price tag reflects the L.A. blazes' location in one of the nation's most expensive housing markets, and it also highlights the unique spot the U.S. held in the ranking of costly natural disasters in the first six months of 2025. In a relatively tame first half of the year for weather-related catastrophes across the planet, the U.S. racked up $110 billion in losses, representing 73% of the world's total and 92% of the covered insurance damages, Gallagher Re said. Every other region was below average. The U.S. had 15 billion-dollar and eight multibillion-dollar weather-related events in the first half of 2025, while the rest of the world had six and three, respectively. In addition to the destructive wildfires, chief among them the ones in Southern California, Americans had to contend with a high number of severe convective storms – essentially thunderstorms – that produced tornadoes, high winds and hail, leading to about $42 billion in economic losses. At least 118 tornado touchdowns were unleashed during a March 13-16 outbreak across 15 states, mostly in the Midwest and parts of the South and East, killing at least 43 people. Federal officials said the 300 verified tornadoes in March smashed the previous record. Weather whiplash a growing concern Bowen noted the emergence of 'weather whiplash,'' where a region experiences two ends of the climate spectrum – say, from drenching rain that fosters vegetation growth to extended dry spells that turn brush into tinder – in a relatively short time. California has been prone to that phenomenon in recent years, in addition to downpours that fall on burn scars from fires, resulting in flooding and mudslides. 'Really being cognizant of these shifts in weather is becoming much more important as we see the influence of climate change in the day-to-day weather patterns,'' Bowen said.
CNBC
18-07-2025
- Business
- CNBC
Insurers just marked the costliest first half of the year since 2011
Global insured losses for the first half of this year have reached $84 billion, according to a recent Gallagher Re report — the highest first half total since 2011. Violent storms in the U.S. with damaging wind, lightning and hail are driving losses for insurers of more than $30 billion, according to the report from the global reinsurance broker. These severe convective storms make up 39% of the insured losses globally in the first half of 2025. The damage is expensive. In the U.S., 11 different storms produced insured losses of at least a billion dollars — and three of those storms cost insurers more than $2 billion. A historic storm outbreak from March 13 to March 16 spawned at least 118 tornado touchdowns across 15 states and resulted in 43 fatalities. Claims are still being processed, but Gallagher Re said it expects insured losses to approach $7.7 billion, making it the fourth costliest single severe convective storm event in modern history. Gallagher Re said 2025 is on a clear path to surpassing $100 billion in insurance losses for the full year, calling the threshold "a new market reality." Insurers have to deal with a variety of weather-related concerns. Hail is a huge problem, the report noted — more frequent storms that produce damaging hail are driving large losses for insurers. Meanwhile, the Palisades and Eaton wildfires in Southern California in January are responsible for an estimated $40 billion in insured losses, the costliest individual wildfire events ever recorded for insurers and reinsurers. Soaring housing costs are also fueling the the significant growth in insured losses. Higher prices associated with materials and labor mean insurers pay more to repair or replace homes, buildings and vehicles. And people continue to choose locations that are vulnerable to severe weather or fire.
