WASHINGTON (AA) – President Joe Biden urged Congress on Thursday to reconvene and address critical disaster relief funding in the aftermath of Hurricane Milton. Biden stressed the urgency of the situation, particularly for the Small Business Administration (SBA), as he encouraged lawmakers to “move as rapidly as they can” on ...
ISTANBUL (AA) – Hurricane Milton losses could fully deplete American insurers’ 2024 catastrophe budgets, according to a report by the S&P Global. The agency said it assumes insurers’ exposure to property business in the US state of Florida is less than 33% of their total insurance business. Citizens Property Insurance Cor...
ANKARA (AA) — Hurricane Milton crashed into Florida on Wednesday, leaving millions without power and causing deaths on the state’s eastern coast, according to local media. The Category 3 storm triggered a series of tornadoes on the state’s west coast before making landfall from the Gulf of Mexico, NBC News reported. Hurricane Milto...