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Archive for May 2021

Mega-Hurricane Risk Spurs Swiss Re Warning to Unprepared Canada

Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the world’s leading reinsurance firms. Overall, the northern nation has … Source: Claims Journal

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Phase One of Autonomous Corridor Project Begins in Md. City

WESTMINSTER, Md. (AP) — Drones, robots and self-driving cars were buzzing through downtown Westminster on Thursday for the ribbon-cutting of the first phase of MAGIC’s autonomous corridor project. MAGIC, which stands for Mid-Atlantic Gigabit Innovation Collaboratory, is a technology nonprofit … Source: Claims Journal

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Louisiana Could Make First Levee Debt Payment Without Loan

BATON ROUGE, La. (AP) — Rather than borrowing, Louisiana could make its first $400 million payment in cash to the federal government for upgrades made to the New Orleans region’s flood protection system after Hurricane Katrina, if lawmakers agree to … Source: Claims Journal

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Houston Area Getting Little of $1B in Harvey Flood Aid

HOUSTON (AP) — Houston area officials expressed shock and anger on Friday after learning that their communities, which suffered the brunt of damage from Hurricane Harvey, would be getting only a small part of the $1 billion that Texas is … Source: Claims Journal

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