Latest news with #weatherEvents
The Verge
09-05-2025
- Science
- The Verge
Posted May 9, 2025 at 5:55 PM EDT
Federal officials will stop tallying the number of billion dollar disasters in the US. The Trump administration announced its decision Thursday to retire the database of billion dollar weather and climate disasters, part of an ongoing purge of federal scientific data. The number of billion dollar disasters hitting the US has increased over the years as climate change fuels stronger storms, floods, and fires — a trend the US is no longer tracking.
Irish Times
08-05-2025
- Business
- Irish Times
FBD Insurance making ‘progress' with Storm Éowyn claims
The chief executive of FBD Insurance said that 'progress is being made' in settling claims related to Storm Éowyn but reiterated that the group expects to take a €30 million hit from settlements related to the cyclone, which damaged homes and businesses across the country. In a trading update in advance of the group's annual general meeting on Thursday, chief executive Tomás Ó Midheach said FBD's profitability, excluding the impact of 'weather events' in January, has been 'solid' so far this year and 'in line with expectations'. However, the Republic's only indigenous insurer remains in line for a roughly €30 million hit from claims related to severe cold weather in January as well as Storm Éowyn, he said. 'We fully understand the significant impact these events have had on many of our customers,' Mr Ó Midheach said. 'Progress is being made in settling these claims quickly and fairly.' READ MORE More to follow ...
