Northbrook, Ill., June 25, 2024 – Every $1 spent on climate resilience and preparedness saves communities $13 in damages, cleanup costs and economic impact, according to a new economic study by Allstate, the U.S. Chamber of Commerce and the U.S. Chamber of Commerce Foundation. The study, “The Preparedness Payoff,” models 25 disaster scenarios ranging in damage and cleanup costs from … Read more
NORTHBROOK, Ill., June 20, 2024 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $1.40 billion or $1.10 billion, after-tax. Catastrophe losses included 14 events estimated at $1.48 billion, with approximately 70% of the losses related to five wind and hail events, primarily in Texas, Colorado and Illinois. Total catastrophe losses for April and May were $1.89 billion, pre-tax, and … Read more
The UK is known for many things, but we can’t deny that rainy weather is definitely one of them. When it rains, it pours, and particularly heavy downpours (plus other causes like tidal surges and raised groundwater levels) can lead to flooding in certain parts of the country. Flooding concerns may arise if you’re wanting … Read more
Underpinning is a term you may have heard before, whether you’re a homeowner or looking for your forever home, but it brings with it a lot of questions. You can’t build something without a strong foundation as a base and, of course, that is never more true than with your home. Underpinning can be part … Read more