National Centers for Environmental Information

NAMIC Warns Lawmakers to Focus on Growing Risk to Ease Rising Insurance Costs

Retrieved on: 
Wednesday, November 1, 2023

Congress needs to look past the surface issues of higher insurance costs and focus on what's driving those increases.

Key Points: 
  • Congress needs to look past the surface issues of higher insurance costs and focus on what's driving those increases.
  • "Insurance is a mechanism for spreading risk, and it is not insurance that's changed," said Jimi Grande, senior vice president of federal and political affairs for NAMIC.
  • "Instead, what we're seeing is the risk and cost of what's being insured going up dramatically.
  • Congress needs to look past the surface issues of higher costs and focus on what's driving those increases."

LiveCare Announces Middle East Expansion Initiative

Retrieved on: 
Tuesday, October 24, 2023

Venice, FL, USA, Oct. 24, 2023 (GLOBE NEWSWIRE) -- LiveCare, Inc. OTC:LVCE, a leader in the telehealth sector assisting people living with type II diabetes—often overlooked—become healthier and remain connected, has officially announced its Middle East Expansion Initiative.

Key Points: 
  • Venice, FL, USA, Oct. 24, 2023 (GLOBE NEWSWIRE) -- LiveCare, Inc. OTC:LVCE, a leader in the telehealth sector assisting people living with type II diabetes—often overlooked—become healthier and remain connected, has officially announced its Middle East Expansion Initiative.
  • The Middle East Expansion Initiative of LiveCare Inc. commenced with a journey to the United Arab Emirates in September, undertaken by Jack Brannelly, Feras Al Kandari, and Max Rockwell.
  • The team had several high profile meetings with local officials and business owners who are very interested in working with LiveCare.
  • LiveCare is in the process of solidifying its local footprint by forming a business entity registered with Dubai Health Care City ( www.dhcc.ae ).

Owens Corning Delivers Net Sales of $2.5 Billion; Generates Net Earnings of $337 Million and Adjusted EBIT of $518 Million

Retrieved on: 
Wednesday, October 25, 2023

Owens Corning continues to invest in accelerating new product and process innovation to support customers and generate additional growth.

Key Points: 
  • Owens Corning continues to invest in accelerating new product and process innovation to support customers and generate additional growth.
  • The company paid a quarterly cash dividend of $47 million and repurchased 1.0 million shares of common stock for $140 million.
  • EBIT increased $114 million to $343 million, expanding EBIT margins to 32% and EBITDA margins to 33%.
  • EBIT decreased $46 million to $80 million while delivering 14% EBIT margins and 22% EBITDA margins.

Generac Urges Planning Ahead for Power Outages During National Preparedness Month

Retrieved on: 
Tuesday, September 12, 2023

WAUKESHA, Wis., Sept. 12, 2023 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is observing National Preparedness Month in September by reminding people to plan ahead for power outages, as nationwide weather trends indicate a rising threat of power loss.

Key Points: 
  • "National Preparedness Month is exceptionally critical this year, as we will continue seeing increased severe weather activity result in power outages," said Aaron Jagdfeld, president and chief executive officer at Generac.
  • "Power outages pose immense risk to safety and comfort, making backup power a cornerstone of a well thought out preparedness plan.
  • During National Preparedness Month, Generac encourages people to review their household power needs, identify the backup power solution that will best meet the demands of their home, and practice safely using their backup power source.
  • During National Preparedness Month, bookmark Power Outage Central so that essential outage data is one click away during the next weather emergency.

Vue Robotics Launches Vue Vision, a New AI-Powered Weather Monitoring Camera System That Provides Real-Time Data on Deteriorating Weather Conditions

Retrieved on: 
Wednesday, September 6, 2023

PORTSMOUTH, N.H., Sept. 6, 2023 /PRNewswire/ -- Vue Robotics (Vue), a leading provider of real-time situational awareness of weather and environmental impacts, today announced the launch of Vue Vision, a new proprietary AI-powered weather monitoring model that is designed to help government officials, corporations, and facility managers make efficient and real-time operational decisions in the face of unpredictable weather and emergency events.

Key Points: 
  • Vue Vision was built using millions of self-collected HDR images and weather observations which powers the company's computer vision models for monitoring inclement weather conditions and other environmental changes.
  • According to the National Centers for Environmental Information, weather related events led to $177.3B in damages in 2022 alone.
  • "Vue Vision replaces the need for dedicated monitoring staff to analyze and report on impact weather and emergency events.
  • Customers of Vue Robotics' ARC 1 camera system will receive Vue Vision as part of their annual subscription.

Spire Global Participates in Prize Challenge to Advance Measurements of Earth’s Magnetic Field with Multi-Million-Dollar Support from National Geospatial-Intelligence Agency

Retrieved on: 
Thursday, August 24, 2023

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was invited by the National Geospatial-Intelligence Agency (NGA) and has agreed to participate in Phase 4 of MagQuest, a prize challenge to advance how Earth’s magnetic field is measured, with multi-million-dollar prize awards.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, was invited by the National Geospatial-Intelligence Agency (NGA) and has agreed to participate in Phase 4 of MagQuest, a prize challenge to advance how Earth’s magnetic field is measured, with multi-million-dollar prize awards.
  • MagQuest is a multiphase open innovation challenge designed to accelerate new ideas to increase the efficiency, reliability, and sustainability of geomagnetic data.
  • During this phase of the challenge, Spire will design, develop and launch a satellite that will provide a novel approach to geomagnetic data collection for the World Magnetic Model (WMM).
  • The results of MagQuest will inform NGA’s acquisition strategy for a WMM global magnetic field data collection capability, with an expected data procurement that can provide operational capacity by 2027.

CoreLogic 2023 Wildfire Risk Report shows California, Colorado and Texas Lead the Nation in the Number of At-Risk Homes and Total Reconstruction Cost Value

Retrieved on: 
Thursday, August 10, 2023

IRVINE, Calif., Aug. 10, 2023 /PRNewswire-PRWeb/ -- CoreLogic®, a leader in global property information, analytics and data-enabled solutions, released its annual Wildfire Risk Report, which quantifies the magnitude of wildfire risk across 14 western United States in terms of the number of residential properties and their associated total reconstruction cost value.

Key Points: 
  • CoreLogic released its annual Wildfire Risk Report, which quantifies the magnitude of wildfire risk across 14 western United States in terms of the number of residential properties and their associated total reconstruction cost value.
  • In California, more than 1.2 million homes with a combined reconstruction cost value of more than $760 billion are at moderate or high risk of wildfire damage.
  • In Colorado, more than 300K homes with a total reconstruction cost value of $140 billion are at risk, followed by 200K homes in Texas with a total reconstruction cost value of $85 billion.
  • The Los Angeles, Denver and Austin metro areas lead the top three states in terms of the number of residential properties with elevated wildfire risk.

New Betacom AirGap Protection™ Strengthens Security for Private 4G/5G Networks

Retrieved on: 
Wednesday, June 28, 2023

Private wireless pioneer Betacom today introduced Betacom AirGap Protection™, a network architecture aimed at enhancing cybersecurity for its flagship offering, Betacom 5G as a Service (5GaaS).

Key Points: 
  • Private wireless pioneer Betacom today introduced Betacom AirGap Protection™, a network architecture aimed at enhancing cybersecurity for its flagship offering, Betacom 5G as a Service (5GaaS).
  • View the full release here: https://www.businesswire.com/news/home/20230628239127/en/
    Private wireless pioneer Betacom today introduced Betacom AirGap Protection™, a network architecture aimed at enhancing cybersecurity for its flagship offering, Betacom 5G as a Service (5GaaS).
  • “Given today’s cybersecurity climate, customers are increasingly concerned about the safety of their data,” said Johan Bjorklund, CEO of Betacom.
  • Its private 4G/5G networks are monitored by the Betacom Service and Security Operations Center (SSOC) to provide 24x7, 365 days a year security coverage.

After Responding to Thousands of Disasters Last Year, The Salvation Army Braces for 2023 Hurricane Season

Retrieved on: 
Wednesday, June 14, 2023

ALEXANDRIA, Va. , June 14, 2023 /PRNewswire/ -- As the 2023 Atlantic hurricane season gains momentum, The Salvation Army remains dedicated to assisting millions of survivors and first responders with critical services before, during, and after disaster events. To better serve the local communities most impacted by these events, The Salvation Army and the Southern Baptist Disaster Relief in Florida and Texas conducted comprehensive simulation-based training exercises to prepare disaster relief professionals and to enhance their knowledge and overall service capabilities. These simulations trained more than 40 disaster professionals to deploy bunkhouses, trailers, forts, and command posts that are crucial to ensure response and support efforts in times of need. As The Salvation Army encourages families to prepare for hurricane season, our professional teams are also preparing and ensuring we are ready to respond to any disaster.

Key Points: 
  • ALEXANDRIA, Va. , June 14, 2023 /PRNewswire/ -- As the 2023 Atlantic hurricane season gains momentum, The Salvation Army remains dedicated to assisting millions of survivors and first responders with critical services before, during, and after disaster events.
  • As The Salvation Army encourages families to prepare for hurricane season, our professional teams are also preparing and ensuring we are ready to respond to any disaster.
  • The National Oceanic and Atmospheric Administration forecasts that the 2023 Atlantic hurricane season will witness the formation of 12-17 named storm systems.
  • "The Salvation Army remains steadfast in our commitment to serve local communities in every way we can," said Commissioner Kenneth G. Hodder, national commander of The Salvation Army.

Climate Resiliency Challenge Launches with Up to $1M in Prizes

Retrieved on: 
Tuesday, May 23, 2023

CSAA Insurance Group, a AAA insurer, has launched a global Climate Resiliency Challenge with leading co-sponsors IDEO and Aon.

Key Points: 
  • CSAA Insurance Group, a AAA insurer, has launched a global Climate Resiliency Challenge with leading co-sponsors IDEO and Aon.
  • The Challenge, which launches today, seeks solutions to help frontline communities prevent, prepare for and recover from climate-related disasters, such as wildfires, floods, and extreme weather.
  • Up to $1 million in prizes will be awarded to the ideas with the most potential.
  • “The Climate Resiliency Challenge aligns with our focus on mitigating climate risks through innovative collaboration and our partnership network.