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INSIGHT: 5 things about the Ike Dike, a surge barrier plan for Texas

August 30, 2017

The Ike Dike is a proposal from professor Bill Merrell of Texas A&M University at Galveston in response to the extensive damage created by Hurricane Ike in September 2008. It made headlines again in April, when Texas Land Commissioner George P. Bush sent a letter to President Trump asking for federal funds to protect the Houston/ Galveston bay area, which has an…

Trump To Harvey Victims: ‘All Of America’ Grieving With You

August 30, 2017

“We are going to get you back and operating immediately,” Trump told an impromptu crowd that gathered outside a Corpus Christi fire station about 30 miles from where the storm made landfall Friday. During his Texas trip, Trump was eager to get the federal disaster response right, but he missed clear opportunities to strike a sympathetic note for multitudes who are…

Verizon announces three grant recipients for its $10 million commitment to support Hurricane Harvey relief efforts

August 30, 2017

Verizon will share details on a fourth grant recipient in the coming weeks as the company works with local and state government officials in determining how to best serve the recovery effort. “When our communities are suffering, and our customers and employees are impacted, we not only feel it’s our role, but it is our responsibility to step up and help however…

Schumer Remarks Ahead of President Trump’s Tax Address

August 30, 2017

Washington, D.C.- U.S. Senator Chuck Schumer delivered remarks on a call with reporters regarding President Trump’s scheduled address on taxes this afternoon in Missouri. Later today, President Trump is planning to travel to Missouri to stump for his yet-to-be-released tax plan. We Democrats have laid out three basic principles that we believe should guide…

Press Gaggle by Press Secretary Sarah Sanders et al. en route Washington, D.C., 8/29/2017

August 30, 2017

MS. SANDERS: Obviously, we’ve had a very powerful day, a strong day, mostly a very productive day with the President having the opportunity to sit down with a lot of state and local officials, and get some real-time updates, and talk to a lot of folks firsthand that are here and have been on the ground, and see how we can be of assistance as a federal government.

Remarks by President Trump in Briefing with State Leadership on Hurricane Harvey Relief Efforts | Austin, TX

August 30, 2017

President, I want you to know the gratitude the people of the state of Texas have for you. People’s lives have been on the line, and I’ve been able to see firsthand your care and your compassion for the people of Texas. You helped Texas get prepared, providing us every resource and tool that we needed so that we could have a plan to respond to the catastrophe that was…

ProfNet Experts Available on Hurricane Harvey, Trump’s Arpaio Pardon, More

August 30, 2017

Harvey: Advancements in Technology Hurricanes and Flooding Hurricane Harvey Photo Speaks Volumes, But Doesn’t Paint Whole Picture Hurricane Harvey Rescues Business Continuity Following a Natural Disaster Workforce Management During and After a Hurricane Insurance Coverage and Natural Disasters Trump’s Pardon of Sheriff Joe Arpaio President Trump…

Hurricane Harvey: Travel Insurance Coverage For Labor Day Weekend Travel Complications

August 30, 2017

–Hurricane Harvey’s torrential rain is expected to continue this week, jeopardizing Labor Day Weekend travel plans. “Cancellations could be a major problem this Labor Day Weekend,” says Squaremouth Claims Director Brandi Morse. Due to flooded roads and airport closures, including Houston’s two hub airports, travelers starting their Labor Day trips may run…

BNY Mellon’s Pershing Appoints Jim Crowley as Chief Operating Officer

August 30, 2017

–BNY Mellon’s Pershing, a leading provider of global financial business solutions, today announced that Jim Crowley has been named the company’s new chief operating officer, effective as of today. “Jim possesses a deep understanding of our business and a reputation for doing what’s best for our clients,” said Brian Shea, BNY Mellon vice chairman and CEO,…

Disaster Relief Tops Crowded Congressional Agenda

August 30, 2017

—Disaster relief after Harvey-caused epic flooding in Texas tops an already crowded agenda when President Donald Trump meets next week with House and Senate leaders at the White House. Harvey aid is a fresh addition to an agenda already packed with must-do tasks: Passing a stopgap spending bill to avert a government shutdown; increasing the government’s…

AIA Statement: Do Hurricane Harvey Victims Have to File Insurance Claims Before September 1?

August 30, 2017

Contrary to some mistaken reports and inaccurate social media posts, a new Texas law- intended to put an end to plaintiff lawyers’ opportunistic storm chasing- does not prevent policyholders from having their day in court, nor does it prevent consumers from hiring legal counsel. The truth is that this new Texas law applies to lawsuits, not claims.

Insurer Claims Kanye West’s Breakdown Was Caused By Drug Use

August 30, 2017

Aug. 30– Kanye West won’t get compensated for prematurely halting his Saint Pablo tour last year because the breakdown that led to the cancellation was fueled by his use of prescription and illegal drugs, and was therefore his fault, an insurance company is suggesting, TMZ is reporting. Lloyd’s of London doesn’t specifically state that West was using alcohol or…

Lee Hill Rowe Insurance Company Introduces New Auto and Home Insurance in Savannah Georgia

August 30, 2017

For those who are looking for quality auto and home insurance, it is hard to think anything other than Lee Hill Rowe Insurance. Lee Hill Rowe Insurance is one such company that offers an extensive range of information and specifics on Auto and Home insurance Savannah Georgia. Since its inception in 1999, Lee Hill Rowe Insurance takes pride in providing…

Trump Tweets About Visit To Harvey’s ‘Horror’

August 30, 2017

WASHINGTON— Back from Texas, President Donald Trump tweeted on Wednesday that he had witnessed“ first hand the horror& devastation” wrought by Harvey. Greg Abbott, R- Texas, said Trump showed“ genuine compassion” on the short flight to Austin as they watched video footage of the flooding in Houston.“ The president was heartbroken by what he saw,” Abbot said.

KBRA Publishes Report on CMBS Exposure to Hurricane Harvey Affected Counties

August 30, 2017

On August 30, 2017 Tropical Storm Harvey made landfall for the second time near the Louisiana- Texas border and continues to pose significant risk to an already rain saturated area. The storm originally made landfall in the U.S. as a Category 4 hurricane on August 26 th through the Gulf coast of Texas. Kroll Bond Rating Agency leveraged its KBRA Credit Profile…

TD Ameritrade to Assist American Red Cross in Hurricane Harvey Relief Efforts

August 30, 2017

“As this massive disaster continues to impact Texas and Louisiana with devastating damage and flooding our thoughts go out to those who are suffering and to how we can help,” said Tim Hockey, president and chief executive officer of TD Ameritrade.“ We are thankful in these times to work closely with the American Red Cross to give our time through volunteer…

Turner Investments To Acquire Leading ETF Innovator Elkhorn Capital Group

August 30, 2017

–Turner Investments Holdings LP, an affiliate of Veracen, LP announced today that the Elkhorn Funds’ Board of Trustees has approved Turner’s acquisition of Elkhorn Capital Group LLC, a leading innovator of exchange traded products, including ETFs, ETNs, and UITs, located in Wheaton, Illinois. Elkhorn, led by Ben Fulton, formerly part of Invesco’s global ETF…

The Latest: GOP eyeing $1B disaster funds cut to help wall

August 30, 2017

—The Latest on President Donald Trump and Congress:. President Donald Trump is promising billions to help Texas rebuild from Hurricane Harvey, but his Republican allies in the House are looking at cutting almost $1 billion from disaster accounts to help finance the president’s border wall. The pending reduction to the Federal Emergency Management Agency’s…

Flood insurance policies plunge in Houston in past 5 years

August 30, 2017

In percentage terms, the drop was even more dramatic in certain sections of the county: In Pasadena, just southeast of Houston, policies were down nearly 20 percent. Baytown, east of Houston, saw a 22 percent drop. FEMA’s director, Brock Long, told the AP on Wednesday he was uncertain what was driving the drop in insurance coverage in Houston.

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