News & Analysis as of

Risk Mitigation Severe Weather

Gray Reed

Preparing Contracts for Hurricane Season – Force Majeure

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The recent derecho storm caused severe damage throughout Houston and the surrounding area. The intense winds and flash flooding served as a costly lesson to many contractors and project owners. With the expected active...more

Flaster Greenberg PC

Eight Steps to Recovering Under Your Florida or New Jersey Hurricane Insurance Policy

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The threat of hurricanes is very real for southern states from Texas to Florida and eastern states from Florida to New Jersey, New York, and even Maine during the six-month long Atlantic hurricane season, which runs from June...more

BCLP

Climate Change Due Diligence for Real Estate Acquisitions

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By 2050 rising sea levels will exacerbate episodic storm surges and inundate an estimated 87,000 square kilometers (21.5 million acres) of coastal areas worldwide, exposing $1.7 trillion of real estate to catastrophic damage....more

Benesch

An Act of God Carve-Out Survives in Cargo Litigation, in The High Tech Era

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Courts have clearly established that a shipper cannot prevail in a freight claim against a carrier if an “Act of God” caused the freight loss or damage. The Act of God defense is an original, and one of the most...more

ASKramer Law

Weather & Climate Risk Management Part II: Weather Risk Management Products

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In Part I of this series on weather and climate risk management, I reviewed the context within which organizations seek to manage climate and weather-related risks. With extreme weather events becoming more common, there are...more

Opportune LLP

Supply Chain Optimization and Weather Impacts with Alteryx

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In today's interconnected global economy, supply chain optimization plays a critical role in driving business success. However, unpredictable weather events such as hurricanes, tropical storms, and extreme weather conditions...more

Pillsbury Winthrop Shaw Pittman LLP

SEC Adopts Long-Anticipated Final Rules on Climate-Related Disclosure Requirements

The rules impose standardized disclosure requirements on public companies beginning as early as 2026 (for fiscal year ending 2025, depending on filer status). Climate-related disclosures, including in financial statement...more

J.S. Held

2024 J.S. Held Global Risk Report: Weather and Natural Disasters

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The growing frequency and ferocity of major weather events and natural disasters have pushed the climate change discussion to the forefront of governments and businesses. Droughts, floods, wildfires, earthquakes, and volcanic...more

J.S. Held

Derecho, Downburst, or Bow Echo? Thunderstorm Wind Events Explained

J.S. Held on

During the first half of 2023 alone, there were over 7,000 reports of severe-caliber thunderstorm winds or associated damage, according to the National Weather Service’s Storm Prediction Center. These wind events are...more

Opportune LLP

What Could Go Wrong? Building Resiliency In The Face Of Chaos

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The winter storm that descended on Texas in February 2021 is a reminder of why organizations should assess their strategy and operations to manage and mitigate risk before chaos ensues....more

White & Case LLP

Offshore wind projects: delays during construction

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The offshore wind sector continues to grow at an unprecedented rate, particularly in Europe, and increasingly in Asia and North America. The construction phase of any project is vulnerable to delay. That is particularly the...more

Fisher Phillips

As Winter Approaches, Prepare Your Workplace For The Cold November Rain

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Tastes may differ, but there can be no dispute that the music video for “November Rain,” the ultimate power ballad by the ultimate Hair Nation band of the 1980s, Guns N’ Roses, is the best video ever created. It’s like a...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Workplace Preparation for Natural Disasters in View of Hurricane Dorian

As the East Coast braces for yet another hurricane, we should contemplate the impact that natural disasters can have on employees and employers, both personally and professionally. While individuals prepare their homes and...more

Fisher Phillips

Executives Must Plan for Unexpected Natural Events that Can Harm the Company.

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One of my recurrent business themes is the need for businesses to try to plan for unanticipated events that could devastate the business and destroy shareholder value. The event that convinced me of the need for formal...more

Searcy Denney Scarola Barnhart & Shipley

Hurricane Michael devastates the Florida Panhandle

Last week, Hurricane Michael devastated the Florida Panhandle. The hurricane was the third strongest to strike the United States and the largest to ever make landfall on the Florida Panhandle. Some of Florida’s most historic...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #156 – Don’t Get Scammed for Trying to Help Hurricane Victims

As Hurricane Florence bears down on the Carolinas in the next few days, beware of scammers trying to take advantage of the good hearts of those of us who want to help the victims....more

Ballard Spahr LLP

CFPB publishes a financial toolkit for victims of Hurricane Harvey

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On September 5, the Consumer Financial Protection Bureau (CFPB) published a blog post regarding what to do in the event of a natural disaster like Hurricane Harvey. The CFPB recommends that affected consumers consolidate...more

Proskauer Rose LLP

Five Ways to Prepare for Business Interruption Insurance Claims in a Natural Disaster

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The extraordinary images and reports of the devastation from Hurricane Matthew have filled the news outlets. While the focus remains on the human toll and concern for the well-being of friends, colleagues and business...more

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