LANSING, Michigan, Sept. 7 -- Gov. Rick Snyder, R-Michigan, issued the following news release:

The state of Michigan will help share the cost of providing matching funds for federal disaster relief to communities in the Upper Peninsula affected by the severe flooding that occurred in Gogebic, Houghton and Menominee counties in June.

Gov. Rick Snyder has authorized the state to match approximately $3.7 million of the 25 percent of matching funds local grant recipients are required to pay under the Federal Emergency Management Agency's (FEMA) public assistance program.

A preliminary damage assessment conducted in June determined that public agencies in the three counties sustained more than $29.8 million in damages eligible for public assistance relief. State and local grant recipients are responsible for matching 25 percent, or approximately $7.4 million, in federal funds in order to receive the maximum amount of relief available.

"Given the sensitive financial situation facing the Upper Peninsula communities affected by this disaster, I have authorized the state to step in and provide a match of $3.7 million toward the cost local public agencies must cover to receive public assistance," Snyder said. "We remain committed to ensuring both public facilities and individual homeowners and businesses get the resources and assistance they need to recover from this disaster."

FEMA and the Michigan State Police, Emergency Management and Homeland Security Division will begin developing recovery projects in the three counties affected by the floods.

On Wednesday, Gov. Snyder announced he would seek a physical and economic disaster declaration from the U.S. Small Business Administration (SBA) after FEMA denied the governor's appeal for individual assistance to the three counties.

Presidential Disaster Declaration Timeline

Gov. Rick Snyder declared a state of disaster for Houghton and Menominee counties on June 18, and added Gogebic County to the declaration on June 21, due to severe weather and widespread flooding, making available state aid and assistance to communities in the disaster area.

By declaring a "state of disaster," the state of Michigan made available all state resources in cooperation with local response and recovery efforts in the disaster area, as outlined in the Michigan Emergency Management Plan.

Based on information provided by the Michigan State Police, Emergency Management and Homeland Security Division, state leaders requested a joint Preliminary Damage Assessment (PDA) with federal and local leaders to review and validate the most severely damaged homes, businesses and public facilities across the affected counties.

The teams conducted their assessments from June 26-29. State officials assessed the results and determined the extent of damage reached the level for receiving federal assistance.

On July 9, Lt. Gov. Calley requested that President Trump declare a major disaster as a result of the flooding damage in Houghton, Gogebic and Menominee counties, which included a request for public and individual assistance from FEMA.

President Trump declared a major disaster for Gogebic, Houghton and Menominee counties on Aug. 3, 2018.

On Aug. 6, FEMA denied the request for individual assistance.

On Aug. 14, Gov. Snyder sent a letter appealing the denial. On Aug. 27, FEMA denied the appeal.

ST. PAUL, Minn.--(BUSINESS WIRE)--
Securian Financial today announced the election of Pradip Patiath to its board of directors, effective June 1, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260603876607/en/

Pradip Patiath, Securian Financial board member and McKinsey & Company senior partner

Patiath is a senior partner at McKinsey & Company and a senior global leader in the firm’s Financial Services and Digital practices. For nearly three decades, he has advised organizations across the financial services industry on strategy, growth, AI, digital transformation and large-scale performance improvement.

“Pradip brings deep expertise at the intersection of financial services, technology and innovation,” said Chris Hilger, Securian Financial’s chairman, president and CEO. “His extensive experience advising leading financial services companies on growth, AI and digital transformation will provide valuable insight as we continue advancing our strategy and delivering long-term value for our customers and partners.”

Prior to joining McKinsey, Patiath served as president at CCC Information Services (now CCC Intelligent Solutions), an enterprise software company serving the insurance and financial technology sector. Earlier in his career, he held leadership roles at Honeywell and Schlumberger (now SLB), and he was awarded a U.S. patent in the field of real-time digital transaction systems.

Patiath is active in several civic, educational and nonprofit organizations. He currently serves on the Smithsonian Institution’s national board, the board of the Frost Museum of Science in Miami, the global advisory board of Northwestern University’s Kellogg School of Management and the investment advisory board of the Indian Institute of Technology. He also serves as vice chair of the Chicago Humanities board and previously served as board chair of the Adler Planetarium of Chicago. In the private sector, he recently joined the board of directors of Verisk, a global data analytics and technology provider to the insurance industry.

Patiath holds an MBA with distinction from Northwestern University’s Kellogg School of Management, as well as a master’s degree in computer science from the University of Minnesota and a bachelor’s degree in mechanical engineering from the Indian Institute of Technology in New Delhi.

ABOUT SECURIAN FINANCIAL

To be confident in your financial future, you need to trust the strength and commitment of the companies you choose to work with. For more than 145 years, the Securian Financial family of companies has been developing innovative insurance and retirement solutions to meet the evolving needs of individuals, families and businesses. Offered through partnerships with employers, financial professionals and affinity groups, our products help bring peace of mind to more than 23 million customers throughout the United States and Canada. We are trusted by our partners and customers to fulfill our purpose of helping to build secure tomorrows. For more information about Securian Financial, visit securian.com or follow us on Facebook, Instagram or LinkedIn.

Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Insurance products are issued by its subsidiary insurance companies, including Minnesota Life Insurance Company and Securian Life Insurance Company, a New York authorized insurer.

DOFU 6-2026

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260603876607/en/

Securian Financial

Jeff Bakken, Media Relations

651-665-7558

[email protected]

Source: Securian Financial