News & Analysis as of

Natural Disasters FEMA

Ward and Smith, P.A.

What! My Flood Policy Doesn’t Cover Flood Damage?! This, and Other Pitfalls of NFIP Flood Insurance Policies

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Congress created the National Flood Insurance Program (the "NFIP") to help make flood insurance more affordable in areas prone to flood damage.  FEMA oversees the program and writes the terms of the Standard Flood Insurance...more

Baker Donelson

DRG Quick Bite: How the 2024 OMB Revisions Affect Purchasing Under a FEMA Award

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As previously mentioned in the Disaster Recovery Group (DRG) April 5, 2024, publication OMB Soon to Release Updates to Uniform Grant Regulations, the Office of Management and Budget (OMB) announced the impending launch of its...more

Baker Donelson

FEMA Now Accepting Comments on Changes to its Public Assistance Program

Baker Donelson on

Here Ye! Here Ye! Major changes to federal regulation and policy are happening now! FEMA's new proposed policy guide is open for public comment through August 16 AND comments to FEMA's proposed changes to 44 Code of Federal...more

Bracewell LLP

Hurricane Beryl: How to Maximize Your Company’s Insurance for a Faster Recovery

Bracewell LLP on

After a large storm, companies and other large organizations often face significant property damage, power outages, physical access issues, and resulting business interruption losses. A key step in recovering from a hurricane...more

Baker Donelson

2024 Hurricane Season: Top Ten Tips

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We are one month into the 2024 Atlantic Hurricane Season and already have our first named storm, with significant impacts across some portions of the Gulf States. We have seen a Governor declared emergency in Texas and a...more

McDermott Will & Emery

Weekly IRS Roundup June 24 – June 28, 2024

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 24, 2024 – June 28, 2024. ...more

Adams and Reese LLP

Before the Storm – Tips on Business Preparation for Hurricane Season

Adams and Reese LLP on

Hurricane season is upon us once again, and if early forecasts are correct, it looks to be a doozy. The National Oceanographic Atmospheric Administration (NOAA) released their early forecast in May with predictions of eight...more

Allen Barron, Inc.

IRS Recommends Planning to Protect Important Documents in the Event of a Natural Disaster

Allen Barron, Inc. on

In a recent notice the IRS is reminding all of us to undertake planning to protect important documents in the event of a natural disaster. This is National Wildfire Awareness Month, and we are in the midst of National...more

ArentFox Schiff

Mega-Trends Impacting Municipal Market

ArentFox Schiff on

We are at the initial stages of a major paradigm shift that has significant implications for the municipal market over the next five to 10 years. A number of societal mega-trends will present material challenges for the...more

StoneTurn

Risk Awareness and Mitigation in Disaster Recovery: Before, During and After a Catastrophe

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Business leaders and risk managers should always be prepared for the worst. As of October 11, 2023, the United States already experienced 24 separate “billion-dollar” weather and climate disasters in the calendar year,...more

Nossaman LLP

UPDATE | Extended Again: Federal and California Tax Relief for California Storms

Nossaman LLP on

As practitioners predicted, the California Franchise Tax Board has adopted the federal November 16, 2023 extensions for similar state returns and payments. To those CPAs and taxpayers who pulled all-nighters to get returns...more

Adams and Reese LLP

Post-Hurricane Idalia Checklist for Individuals and Businesses

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In the aftermath of Hurricane Idalia, individuals and families in Florida, Georgia, and South Carolina may be eligible for federal assistance if they live, own a business, or work in the federally-declared disaster area....more

Baker Donelson

Hurricane Season is Here – Are You Ready for FEMA Funding?

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When a hurricane or other natural disaster hits, public and private non-profit entities often look to the Federal Emergency Management Association (FEMA) for financial assistance. But obtaining and keeping FEMA Public...more

McDermott Will & Emery

Weekly IRS Roundup May 15 – May 19, 2023

McDermott Will & Emery on

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 15, 2023 – May 19, 2023. May 15, 2023: The IRS released Internal Revenue Bulletin 2023-20, which...more

Farella Braun + Martel LLP

Federal and California Taxpayer Relief: Reprieve From Wet Winter Weather

2023 started California off with weather that escapes recent memory. Rain, snow, and surf seemed unrelenting for the first two weeks of January. While this spell of winter storms has brought snow to our slopes and refilled...more

Woodruff Sawyer

Flood and Water Damage: Which Insurance Policy Do You Turn To?

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The new year brought a series of ferocious storms that ravaged the California coast for weeks. By mid-January, this so-called “atmospheric river” caused at least eight million Californians to be under flood watch as wind and...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #354 – Scammers Use Weather Emergencies Against Victims

It has been difficult to watch the extreme weather patterns that have been happening around the U.S. over the past few months.  Fires and torrential rainstorms in California, tornadoes down south, blizzards in the Midwest and...more

Woodruff Sawyer

Managing the Risk of Floods

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In the face of winter—and all the wet weather that comes with it—FEMA’s National Flood Insurance Program would like everyone to understand the risks of flooding. Flooding has occurred across many parts of the country (yes,...more

Pillsbury - Policyholder Pulse blog

The Higher the Value, the Greater the Loss: The Importance of Updating Building Values in Inflationary Times

Earlier in 2022, CBRE forecasted a 14.1% year-over-year increase in construction costs by year-end 2022, as labor and material costs continue to rise, despite the expectation that overall cost inflation for materials would...more

Foley & Lardner LLP

Hurricane Ian: Public Assistance Funding Extended for Certain Health Care Facilities in Florida

Foley & Lardner LLP on

Health care facilities and certain other nonprofits have new opportunities for Federal public assistance funds, but they must act quickly. On October 4, 2022, President Biden amended the Hurricane Ian Major Disaster...more

Baker Donelson

Hurricane Ian: Declaration Updates – Applying for FEMA Public Assistance

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It has now been two weeks since Hurricane Ian made its historic landfall on the west coast of Florida as a Category 4 hurricane, tying with several other storms as the fifth-strongest hurricane on record to make landfall in...more

Holland & Knight LLP

Florida Department of Revenue, FinCEN Issue Filing Extensions After Natural Disasters

Holland & Knight LLP on

In response to the major disaster declarations issued by the U.S. federal government and the Internal Revenue Service (IRS) issuing related disaster relief by extending tax deadlines for victims of Hurricane Ian, other...more

Adams and Reese LLP

Hurricane Ian: Disaster Recovery Checklist for Utilities

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In the aftermath of Hurricane Ian, utilities and telecommunications companies in Florida and other states in its path will be beginning the disaster recovery process. This checklist is not intended to be an all-inclusive...more

Adams and Reese LLP

Hurricane Ian Federal Disaster Recovery Funding

Adams and Reese LLP on

On September 28, 2022, Hurricane Ian, a catastrophic Category 4 storm with winds topping 140mph and a storm surge of up to 18 feet made landfall on the western coast of Florida near Cayo Costa, Florida. The following day,...more

Adams and Reese LLP

Business Continuity in a Natural Disaster: First Steps on the Road to Recovery - October 2022

Adams and Reese LLP on

As we begin to assess the damage from historic Hurricane Ian, Adams and Reese’s Disaster and Recovery Team is here to assist you. The Firm has extensive experience handling a wide range of disasters, including hurricanes Ida,...more

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