Tracking Hurricane Laura’s Impact on Homeowners

first_img Hurricane Laura made landfall near Cameron, Louisiana, in the early hours of Thursday, buffeting the coastline with winds estimated at 150 mph. Colorado State University hurricane expert Phil Klotzbach noted on Twitter that Laura tied for fifth place in terms of the 10 “strongest continental U.S. #hurricane landfalls on record (since 1851).” The storm has thus far killed seven people, including, as reported by CBS News, a 14-year-old girl and a 68-year-old man, and it left a path of damage and ruin across parts of Louisiana and Texas. As with so many disasters before, once the immediate danger of the storm itself is past, it will fall to many in its path to rebuild—including homeowners who have lost or seen their homes severely damaged.And in a year still reeling from the ongoing health and economic impacts of COVID-19, the road the recovery could be even more difficult.”I will tell you the damage was extensive,” Louisiana Gov. John Bel Edwards told CNN. “The wind speed was as promised. Right now I believe we got a break on the storm surge—about half of what was projected.”However, USA Today reported that National Hurricane Center storm surge specialist Jamie Rhome said that the center’s “initial analysis indicate it was as bad as feared in Cameron Parish.”According to the National Oceanic and Atmospheric Administration’s forecasts conducted last May, the 2020 hurricane season could produce 16 to 18 storms nationwide this year. That’s all the more troubling when you consider a recent survey finding that, while 86% of homeowners in high-risk states say they feel prepared for this year’s hurricane season, one-third haven’t taken any steps to actually prepare against storm damage.“While more than half of respondents say their homes could experience flood damage from a storm, 34% inaccurately believe that the damage would be covered by their home or renters insurance policy,” the report from ValuePenguin noted. It added that “over one-third were unaware that they would need flood insurance to protect their homes and possessions from a storm surge or heavy rains.”Many homeowners in high-risk areas also weren’t sure how much insurance they would need to be fully protected against hurricanes. More than 37% didn’t know if they had enough coverage. Moreover, 42% incorrectly estimated the average cost of repairing hurricane damage to be under $10,000 — significantly lower than the $42,000 average flood claim, according to the Federal Emergency Management Agency (FEMA).On the side of industry impact, servicers will be implementing industry playbooks established by previous storms in order to communicate with and assist impacted homeowners, as well as monitoring and dealing with damages to any REO properties. A CoreLogic forecast earlier this week, housing damage from Hurricane Laura could total more than $88 billion.“The coincidence of two catastrophes—a damaging hurricane season and the ongoing global pandemic—underscores the importance of the correct valuation of reconstruction cost, one of the core tenets of property insurance,” said Tom Larsen, Principal for Insurance Solutions at CoreLogic. “Homeowners, mortgage lenders, and insurers need to work together to ensure properties are fully protected and insured. CoreLogic data has found a correlation in mortgage delinquencies and catastrophes, which could point to a serious issue of underinsurance trends.”A.M. Best also emphasized the likely impacted on insurance companies’ balance sheets, with a Business Wire report on a new A.M Best commentary explaining that “reinsurance may help mitigate losses, but will challenge future risk management strategies, as loss-affected areas will see increases in reinsurance rates that are already hardening.” Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Tracking Hurricane Laura’s Impact on Homeowners About Author: David Wharton Servicers Navigate the Post-Pandemic World 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Related Articles Servicers Navigate the Post-Pandemic World 2 days agocenter_img Tracking Hurricane Laura’s Impact on Homeowners Subscribe August 27, 2020 1,352 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Hurricane Laura hurricanes 2020-08-27 David Wharton Tagged with: Hurricane Laura hurricanes in Daily Dose, Featured, Foreclosure, Journal, Loss Mitigation, News The Best Markets For Residential Property Investors 2 days ago Previous: Competition Heats Up Amid Diminishing Inventory Next: Hurricane Laura Damage Estimates in the Billionslast_img read more

Last text from wife to husband before she died in plane crash: ‘I love you’

first_imgiStock(LAFAYETTE, La.) — Shortly before she took off on a flight that would end in her death, 30-year-old Carley McCord texted her husband, “I love you.”Her husband, Steven Ensminger Jr., didn’t receive the message until it was too late to respond.“It’s the first thing I think about when I wake up and the last thing I think about when I finally fall asleep,” Ensminger told ABC News. “Every once in a while throughout the day, I find myself grabbing my phone and sending a text to her phone replying, ‘I love you too.’ Now I don’t know if that’s crazy of me or not, but I’m praying she gets my message. And I wish there was a way she could let me know she has.”Ensminger said his aunt delivered the earth-shattering message him.“My aunt Betty called and she told me I need to sit down right now and listen carefully,” he said. “And that’s when my world fell apart.”McCord and four others were on a two-engine Piper Cheyenne aircraft headed toward the college football playoff game between LSU and Oklahoma in Atlanta on Saturday when it crashed just after takeoff in Lafayette, Louisiana.Those killed in the crash were Ian Biggs, 51, Robert Crisp II, 59, Gretchen Vincent, 51, Michael Vincent, 15 and McCord.McCord, who was a local sports reporter for NBC station WDSU-TV, was the daughter-in-law of LSU offensive coordinator Steve Ensminger.The coach was told only hours before the game by LSU Tigers head coach Ed Orgeron that his daughter-in-law had died. Ensminger decided to coach that night and the Tigers beat the Sooners 63-28 in a blowout win.While the cause of the crash has not been announced, Ensminger Jr says he’s not focused on it because nothing is going to bring his wife back.“Either way it’s done and she can’t come back. So the how is irrelevant to me now,” he said. “I guess I just have to have faith in that God has a plan and that I will get through this and be better for it and I will honor her in whatever I do.”The McCord family is still in the process of planning her funeral, the details of which will be announced Tuesday.Due to the lack of a flight data recorder and distress call and severely burned wreckage, National Transportation Safety Board Vice Chairman Bruce Landsberg said it could take up to 12-18 months to figure out how the plane went down.The lone survivor on the plane crash, 37-year-old Stephen Berzas remains in “critically ill” condition, officials said. He was admitted to Our Lady of Lourdes hospital with burns on over 75% of his body.Berzas underwent a two-hour surgery Monday and faces “a long road ahead,” according to Dr. Joey Barrios, Medical Director of the Our Lady of Lourdes Burn Unit.At this point, Berzas has been unable to provide any statements about the crash because he has a breathing tube in place. Officials said it is unknown when it will be removed so he would be able to speak.“The outpouring of compassion and encouraging words for Wade are deeply felt by our whole family,” the Berzas family said in a statement Monday. “We are truly grateful to be held so strongly in prayer by this community … Our hearts ache for our friends and the families affected by this tragic event. Please offer us privacy in the days ahead as we give Wade our focused energy and loving support.” Copyright © 2019, ABC Radio. All rights reserved.last_img read more

P&O to shed property in radical turnaround

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New vaccines to curb child mortality

first_imgThe Rotavirus vaccine, Pentavalent vaccine and Pneumococcal Conjugate vaccine will be introduced this month as part of the government’s expanded immunisation programme, which aims to reduce child mortality by two-thirds by 2015. All children should be vaccinated with Pentavelent at 6 weeks, 10 weeks and 14 weeks and at 18 months. Fighting pneumonia These diseases can lead to major complications such as deafness and brain damage, and can even be fatal. The Pneumococcal vaccine should be administered to children at 6 weeks, 14 weeks and 9 months. According to the department, the Rotavirus is a major problem in developing countries, as it is not always possible for infected children to reach a hospital in time, and thus they are likely to succumb to the disease. Developing countries Professor Shabir Madhi from the University of Witwatersrand encouraged the use of the Pneumococcal vaccine, saying it protects against severe life-threatening diseases caused by the bacterium streptococcus pneumoniae, also known as pneumococcus. South Africa is to make three new vaccines freely available at public healthcare facilities across the country as part of efforts to combat child mortality. The Pentavelent vaccine is a combination vaccine with five components. It protects against five conditions, namely diphtheria, pertussis, tetanus, haemophilus influenza and polio. “We want to vaccinate more and more children with this new vaccine,” Dr Ntombenhle Nqcobo, a specialist involved with the immunisation programme, said in Pretoria last week. “Every child has a right to vaccination.” Worldwide, it is estimated that 10-million children die each year from preventable and treatable causes.center_img According to the Department of Health, immunisation prevents more than three million deaths a year. The Rotavirus vaccine will help provide protection against the Rotavirus which causes diarrhoea, leading to dehydration, electrolyte imbalances and death. The vaccine can be used in the fight against pneumonia, which affects the chest and the ability to give oxygen to the body, meningitis, which affects the brain and spinal cord, and septicaemia, a condition where bacteria multiply in the bloodstream. The new vaccine replaces an older combination of four antigens, which is called Combact-Hib. The advantage of this vaccine lies in it being more advanced and causing fewer side-effects. HIV/Aids contributing The mortality rate in South Africa for children under five is high considering the level of economic development reached, and the largest contributing factor in these cases is HIV/Aids. 3 August 2009 Combination vaccine Source: BuaNewslast_img read more

Africa pushes for commitment at COP20

first_imgCOP20 is taking place in Lima now, among the topics under discussion is how to help Africa deal with the effects of a changing global climate. (Image credit:350.org) Sulaiman PhilipA rise in greenhouse gases means temperatures across the globe get hotter, causing sea levels to climb, floods, droughts, super storms and heat waves. Changing the planet’s weather patterns affects everyone, but the disruption in food production and destruction of habitats and ecosystems will have the greatest impact on Africa.Today – 10 December 2014 – is Africa Day at COP20 in Lima and the African delegation is pushing all delegate countries to “put more on the table” if they expect to leave Peru with a successful agreement on the reduction of greenhouse emissions after 2020.The meeting in the Peruvian capital is meant to set the agenda for Paris 2015, where a new set of binding protocols will be adopted to reduce emissions. Paris 2015 will replace the historic, but not universally embraced, Kyoto Protocol of 1997 and for the first time will apply to rich, poor and developing nations.African nations are hoping for, in the words of the African Development Bank, “an agreement that is open, transparent and inclusive so that confidence [can] be restored to a process that many in Africa and elsewhere now see as little more than occasions for endless testing of creative ambiguities”. Biggest loserThe continent stands to lose the most from the gradual change in weather patterns. Extreme weather will have a direct impact on Africa’s ability to grow the continental economy. Flooding in Mozambique in 2000 cost the country $550-million and shrank gross domestic product by 1.5%. Without change, 90 million more Africans will be exposed to malaria by 2030.South African temperatures have risen steadily; by 2050, the coastal temperatures will rise a further 2°C. A rise that steep will result in a 5% reduction in per capita consumption, and the slow death of the country’s economy.South Africa has the continent’s largest industrial base so it’s no surprise that it produces the largest percentage of Africa’s total greenhouse gas emissions. In 2013, the country produced 40% of Africa’s total, but Africa produces less than 3% of the annual global total of 42 669.72 metric tons of carbon dioxide emissions. A 2° increase in temperatures could result in the destruction of up 80 % of Africa’s arable land. (Image: CGIAR)Assigning, or accepting, responsibility has been the sticking point since the signing of the Kyoto Protocol on climate change in 1997. The developing world has been arguing that richer developed economies should be given tougher reduction targets, while they in turn have laid responsibility at the door of fast developing economies like China and India. Caught in the middle, Africa is the grass being hurt as these elephants fight. Intended national contributionsAt COP19 in Warsaw, countries agreed to determine their “intended nationally determined contributions” or INDCs. These are the proposed steps that each country will take to reduce its emissions, how they will deal with the impact of climate change, and what support they will offer other countries.Discussion in Paris at COP21, and any agreement that comes out of that meeting, will be based on these lists. The problem for Africa, for all poorer countries, is the cost of research required to develop a comprehensive, meaningful list. It was agreed in 2013 that developed countries would fund the costs of reporting, a commitment that most have not met. For Africa, Lima is an opportunity to remind the world of this commitment.From the Kyoto Protocol onwards, discussions about climate change have been based on the principle of common but differentiated responsibilities and historical obligation. Augustine Njamnshi, a co-ordinator for a Cameroonian NGO working on climate change issues, puts it succinctly: “If people have contributed less to a problem and are suffering the most, that is inequity. So for any negotiations to be effective, these factors have to be included.”Through the World Bank, developed economies have been funding programmes and research to help Africa adapt to a changing climate in a way that will not hamstring economic development. Its $7-billion investment fund has been financing programmes in Africa since 2006. Cyclone-prone Madagascar, where cyclones have been building in intensity over the years, has benefitted from funding for research into mitigating the effects on agriculture and updating infrastructure.A $100-million loan to Nigeria allowed it to improve the Lagos Bus Rapid Transit system into an efficient, job creating service that has reduced its carbon emissions by 20%. The Ethiopian Humbo Community-Based Natural Regeneration Project is restoring 3 000 hectares of bio diverse forest with funding from the bank. A pilot project with Kenyan farmers will enhance the storage of carbon in agricultural soils through the adoption of sustainable land management.According to Idah Pswarayi-Riddihough, World Bank’s sector manager for environment and natural resources management within the Africa region, adapting to climate change is no different from development for Africa. “With additional financing made available to countries and all of the different facets of this work coming together, I believe that we can begin to see a very different Africa in terms of climate change. We can remain hopeful that something positive is going to come out of this.”last_img read more

MI eye revenge against KXIP

first_imgMumbai: Revenge will be on their mind when Mumbai Indians lock horns with Kings XI Punjab, the hosts looking to stretch their winning run in the Indian Premier League here on Wednesday. The previous encounter between the two teams in Mohali had ended in a comprehensive eight-wicket win for Kings XI, but home conditions at the Wankhede Stadium are expected to favour MI. MI enter the match high on confidence following successive victories over holders Chennai Super Kings and last edition’s finalists Sunrisers Hyderabad. Also Read – Puducherry on top after 8-wkt win over ChandigarhSignificantly both these victories came mostly because of MI’s all-round bowling strength as the bowlers defended totals successfully. MI are also blessed with splendid batting firepower in the end overs from West Indian Kieron Pollard and Hardik Pandya. Kings XI, who too have been given a shot-in-the-arm by their six-wicket victory Monday night over Sunrisers, need to chip away at the top of the MI batting as well as ensure that the big-striking Pollard and Hardik don’t take away the game like they did when carving 45 runs in the last two overs against CSK to turn the game around. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterMI don’t even have anyone in the top-20 run scorers’ list this season, an indication of the depth in their batting, and have a superior fast bowling attack bolstered by the inclusion of West Indian pacer, Alzarri Joseph, who blew away Sunrisers with his record-breaking haul of 6/12 in Hyderabad in their previous game. The hosts have a formidable pace attack with Jasprit Bumrah and left-arm Jason Behrendorff also there, along with Joseph and Hardik, to utilise the bounce and carry on the Wankhede track. Kings XI, third on the table with eight points, have been top heavy in batting with K L Rahul and Mayank Agarwal leading the way with 200-plus aggregates and the indomitable Gayle too not far behind. In bowling, skipper Ravichandran Ashwin (7 wickets) has done well in five out of six games that the team has played and has got good support from the likes of Sam Curran, Mohammed Shami and Murugan Ashwin.last_img read more

Allan revels in important Napoli victory

first_imgAllan claims the comeback victory Genoa 2-1 at Marassi is worth more than three points for Napoli in the pouring rain.Napoli were behind courtesy of a Christian Kouame header when play was halted at the 59th minute for a waterlogged pitch.When it resumed, Goals from Fabian Ruiz and Davide Biraschi(O.G) completely turned the tie around to secure victory for the Naples side.“Considering how the victory arrived, it’s worth even more than three points,” Allan told Football Italia.Top 5 Serie A players to watch for next weekend’s activity Tomás Pavel Ibarra Meda – September 11, 2019 With the international activity cooling down for the next month, we go back to the Top 5 players to watch in Serie A next…“It was a hard-fought win in a really difficult arena, even more difficult to play in today with the atmospheric conditions.“We won and that’s the important thing, we can go into the break for international duty with more confidence.”Juventus visit Milan tomorrow evening, while Inter have a tricky trip to Atalanta, so it could be a very positive round for Napoli.“I’m sure Milan-Juve will be entertaining to watch, but we mustn’t think about it too much. There’s a long way to go, we must focus on ourselves and look forward.”last_img read more

Natya Shastra to come alive

first_imgThe rich cultural heritage of India is visually soothing and enriching to the dance and music connoisseurs, who come from all across the world to catch a glimpse. Different dance forms that have originated from various parts of the country and have been practiced accordingly, can only be witnessed at once, under one roof when a festival organises for a perfect blend of classical dance forms for enthusiasts.To make the enthusiasts come together for two days of excitement, Pracheen Kala Kendra is organising its 5th quarterly Baithak programme under the series ‘Legends of Tomorrow’ in the national Capital.  Also Read – ‘Playing Jojo was emotionally exhausting’The festival which will be held on April 15 and 16 at Triveni Kala Sangam will feature well known talented artists of the country such as Dr Samira Koser (Kathak); Ankita Kaushik and Himanshu Srivastava (Bharatnatyam Jugalbandi); Vasu Krishna Maharaj and Vaibhav Krishna Maharaj (Kathak Duo) and Meenu Thakur & troupe (Kuchipudi Dance).With a view to create more awakening about salient features of the Indian classical dances of various forms, the Kendra has ventured to organise a two-day feast of classical dances at Triveni Kala Sangam studded with young artists. Also Read – Leslie doing new comedy special with NetflixPracheen Kala Kendra is one of the organisations engaged in the promotion of classical musical and dance in the region. With the kind patronage of the public, the Kendra has emerged as an institute of multidimensional excellence. With an aim to promote and nourish the young talented artists, the Kendra is working hard towards its goal. Pracheen Kala Kendra having its headquarters in Chandigarh, enormous sister set-ups in Mohali and Kolkata, besides liaison offices at Ludhiana and Bhubaneswar, and newly setup regional office at New Delhi, is one of the premier organisations dedicated to the promotion, preservation and dissemination of Indian classical art and culture. Established in 1956, it is the only organisation of its kind which was founded by the artists, run by the artists and which is working for the promotion of artists. It is a pioneer and professionally equipped examining and affiliating institution of national importance with a network of more than 3500 training and examination centres functioning as its affiliates all over the country and abroad including USA, Canada, United Kingdom, Mauritius, Singapore, Dubai, South Africa, Bangladesh, Nepal, Kuwait, etc.  The student strength of 2.6 lakh makes it the largest organisation of its kind in the field of arts education. The certificates and diplomas awarded by the Kendra in the subjects of Indian Classical music (vocal and instrumental), classical dances and fine arts (painting) are not only recognised by various Education Boards, Universities and state governments for employment purposes as teachers/lecturers in schools/colleges but the same are treated as equivalent to degrees under their respective jurisdictions. WHEN: April 15-16WHERE: Triveni Kala SangamTIME: 6:30 pmlast_img read more