News & Analysis as of

Natural Disasters

Foodman CPAs & Advisors

BOI Reporting Relief for Hurricane Victims

On 10/29/24, FinCEN announced Beneficial Ownership Information (BOI) Reporting Relief to specific victims of Hurricane Milton, Hurricane Helene, Hurricane Debby, Hurricane Beryl, and Hurricane Francine. BOI Reporting Relief...more

Groom Law Group, Chartered

DOL & Treasury Extend Certain ERISA-Related Deadlines for Helene and Milton Impacted Areas

On November 8, the Departments of Labor and Treasury (the “Departments”) issued guidance extending certain deadlines related to retirement, health, and welfare plans in response to Hurricane Helene, Tropical Storm Helene, and...more

Wiley Rein LLP

FinCEN Extends Corporate Transparency Act Filing Deadline for Certain Companies Impacted by Recent Hurricanes

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The Financial Crimes Enforcement Network (FinCEN) recently announced that it will provide a six-month Corporate Transparency Act (CTA) filing extension to certain reporting companies affected by one of the five hurricanes in...more

Smith Anderson

The Corporate Transparency Act: Extensions of Reporting Deadlines to Victims of Recent Natural Disasters

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As discussed in our four prior client alerts below, effective as of January 1, 2024, the Corporate Transparency Act (“CTA”) and rules issued thereunder by the Financial Crime Enforcement Network (“FinCEN”) require most U.S...more

Bradley Arant Boult Cummings LLP

Understanding the FEMA 50% Rule

Following Hurricanes Helene and Milton, impacted homeowners have received correspondence from their local building officials notifying the homeowners that their property is affected by the 50% Rule. Sometimes these are...more

Rivkin Radler LLP

November 2024 Insurance Update

Rivkin Radler LLP on

In this month’s update, we’re discussing cases involving climate change, hurricanes, cryptocurrency, and aerial spraying. We begin in Hawaii where that state’s high court became the first to decide whether greenhouse gas...more

Alston & Bird

Look Ahead to the Week of November 18: Congress Turns to Disaster Aid Funding

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Both the House and Senate are in session this week before recessing on Thursday in advance of the Thanksgiving holiday. Democrats in the House will hold their leadership elections this week after Republicans secured control...more

Zelle  LLP

Texas Department of Insurance Approves ZestyAI’s Severe Convective Storm Models

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Severe Convective Storms (“SCS”) are one of the most common and most damaging natural catastrophes in the United States. SCSs are intense atmospheric disturbances that can cause powerful winds, large hail, heavy rainfall, and...more

Proskauer - Employee Benefits & Executive...

Benefit Plan Deadlines Extended for Individuals Affected by Recent Natural Disasters

Last week, the U.S. Departments of Labor and Treasury issued a Joint Notice requiring the extension of certain benefit plan deadlines for individuals affected by Hurricanes Helene and Milton and Tropical Storm Helene.[1] The...more

Vinson & Elkins LLP

FinCEN Extends BOI Reporting Deadlines for Businesses Impacted by Recent Hurricanes

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The Financial Crimes Enforcement Network (“FinCEN”) has announced temporary relief measures for reporting companies affected by recent hurricanes in the Southeast, providing additional time to comply with Beneficial Ownership...more

Adams and Reese LLP

CTA Breaking News: FinCEN Announces Six-Month BOI Reporting Extension in Hurricane Areas

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With the Jan. 1, 2025, deadline fast approaching for companies to submit their Beneficial Ownership Information (BOI), the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has announced a...more

Brooks Pierce

Hurricane Helene Financial Resources for Businesses

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As Hurricane Helene survivors mark one month since the storm hit, and long-term recovery continues in Western North Carolina, this client alert addresses financial resources for businesses. ...more

Adams and Reese LLP

Florida Courts Disagree on Contractor’s License Requirements for Disaster Recovery Tasks

Adams and Reese LLP on

On the heels of a record-breaking three hurricanes making landfall in Florida in 2024 – Debby, Helene, and Milton – disaster recovery is obviously a hot topic as residents and business owners work to recover from the...more

Quarles & Brady LLP

U.S. Charities Supporting Hurricane and Disaster Relief

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As the aftermath from Hurricanes Helene and Milton continue to unfold, charitable organizations have pondered how they can provide aid to individuals who are in need of medical supplies, housing, and other basic necessities....more

Foodman CPAs & Advisors

Hurricane Helene and Milton IRS Relief

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On 10/11/24, the IRS announced that it is ready to provide tax assistance for taxpayers affected by Hurricane Helene and Milton that devastated Alabama, Florida, Georgia, North Carolina and South Carolina, and parts of...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Legislators Approve Second Disaster Recovery Package

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Legislators returned to Raleigh on Thursday and unanimously passed a second Disaster Recovery bill (S 743). The bill appropriates $644 million and makes various policy changes to facilitate storm recovery. Gov. Roy Cooper is...more

Cozen O'Connor

The Fine Line Between Delay and Bad Faith: Insights from the Fifth Circuit.

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A prompt response is critical when disaster strikes, but as the Fifth Circuit recently ruled, delays may be excusable in certain circumstances. In First United Pentecostal Church v. Church Mut. Ins. Co., No. 23-30779, 2024 WL...more

Ward and Smith, P.A.

Who Is Responsible for That Fallen Tree?

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In planned communities, the question of responsibility for damage caused by fallen trees is often posed to the owners' association. Although it is not the association's job to play arbiter if a dispute arises between lot...more

Stotler Hayes Group, LLC

Treatment of Hurricane Relief Funds Under State Medicaid Eligibility Regulations

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Much of the southeast of the United States is still recovering from devastating hurricanes (Helene and Milton) that impacted the region in the past month, affecting thousands of people.  Citizens affected by the damage caused...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #417 – Scammers Using Hurricane Relief Aid to Commit Fraud

Unfortunately, when natural disasters hit innocent victims and good-natured people want to help those in need, scammers swoop in to manipulate the bleak situation to commit fraud or price gouging. Following Hurricanes...more

Bradley Arant Boult Cummings LLP

Understanding FEMA & Local Resources in the Wake of Natural Disasters

Experiencing a natural disaster can be overwhelming and devastating. In these challenging times, understanding the available support and assistance can be crucial for your recovery. The Federal Emergency Management Agency...more

Kelley Drye & Warren LLP

State Attorneys General Warn of Price Gouging Enforcement in Wake of Recent Natural Disasters

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As states across the country grapple with the impacts of Hurricane Helene and Hurricane Milton, state attorneys general are reminding businesses and constituents of price gouging laws that ban certain price increases during...more

Orrick, Herrington & Sutcliffe LLP

FTC, DOJ and CFPB warn consumers about potential scams after natural disasters

On October 9, the FTC, DOJ and CFPB warned consumers about potential fraud and price gouging during natural disasters. According to the agencies, scammers often exploit weather emergencies to take advantage of people trying...more

Womble Bond Dickinson

The Importance of Understanding Force Majeure Clauses in Contracts Amid Recent Disasters

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In recent years, natural disasters have become increasingly frequent and severe, disrupting industries and communities worldwide. Events such as Hurricane Helene and the extreme weather conditions experienced in Western North...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Legal Toolkit for Hurricane Response and Recovery

Hurricanes Helene and Milton have deeply impacted communities across the eastern United States, leaving many individuals and businesses facing significant challenges. In the aftermath of these storms, the legal and governance...more

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