Risk

Researchers design comprehensive toolkit to help Ohioans at higher COVID-19 risk

Those looking to improve the lives of Ohioans facing the greatest COVID-19 risks now have a comprehensive, evidence-based toolkit – one designed to inform the work of everyone from grassroots community groups to state leaders.

Ohio’s COVID-19 Populations Needs Assessment, released today (Oct. 13, 2020) and led by experts at The Ohio State University College of Public Health, aims to improve Ohioans’ ability to prevent transmission of the virus and minimize its impact on communities that are at elevated risk.

The new report, conducted in collaboration with the Ohio Department of Health, is built on information gathered from a survey of 363 Ohioans representing people of color, rural populations and individuals with disabilities.

The survey, subsequent analysis and recommendations focus on six populations: Black and African American; Latino and Hispanic; Asian and Asian American; immigrant and refugee; rural; and people with disabilities.

All of these are communities of people living strong, full, culturally rich lives with various resources and leaders. We sincerely hope that this report helps the communities, and those who serve them, to build upon that foundation.”


Julianna Nemeth, Assistant Professor, Department of Health Behavior and Health Promotion, Ohio State University College of Public Health  

Nemeth also co-led the project with Tasleem Padamsee, an assistant professor of health services management and policy.

Going in, the research team knew that these communities were among those most likely to suffer disproportionately high rates of infection, hospitalization and death because they entered the pandemic already dealing with poorer overall health status, lesser access to health care and more negative social determinants of health than others.

The needs assessment explored where these Ohioans live and work, what resources exist in these areas, what barriers these groups face in accessing public

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Risk Theory Launches Downstream Energy Program for Contractors

DALLAS, Oct. 13, 2020 /PRNewswire/ — Risk Theory, LLC is excited to announce the launch of a new specialty underwriting unit, Carbon Underwriters, for Downstream Energy Contractors. This exclusive package program offers essential products for downstream energy contractors working in petrochemical plants and refineries in CA, IL, LA, OH, OK, PA, TX, & WA.

Carbon Underwriters multi-line insurance offering, led by niche Vice President Jonathan Doke, is essential for downstream energy contractors working in petrochemical plants and refineries. As industry experts, Carbon understands the insurance needs, and tailor coverage solutions to help fuel growth for downstream energy contractors.

Coverage is written on an admitted and non-admitted basis by an insurer rated A- (Excellent) by AM Best, and provides the following multi-line insurance coverage solutions:

  • Business Auto
  • Commercial General Liability
  • Commercial Excess Liability
  • Commercial Property
  • Commercial Inland Marine

For more information about the Carbon Underwriters Downstream Energy Program for Petrochemical Plant and Refinery Contractors, please visit or email us at www.carbonunderwriters.com or [email protected]

About Risk Theory, LLC

Founded in 2012, Risk Theory is a privately held specialty lines insurance manager with a dedicated focus on delivering niche property & casualty insurance products to underserved markets. Headquartered in Dallas, Texas, Risk Theory is licensed to place policies in every state through its nationwide network of producers. Our mission is rooted in pairing market experts with essential products to drive the value and service needed to win in today’s complex world. For more information, please visit www.risktheory.com. 

 

Cision View original content:https://www.prnewswire.com/news-releases/risk-theory-launches-downstream-energy-program-for-contractors-301151258.html

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CoreLogic Risk Analysis Shows Hurricane Delta Threatens 293,685 Homes with Storm Surge Damage

—With striking similarities to Hurricane Laura, Hurricane Delta threatens the same coastal towns already struggling to recover—

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released data analysis showing 293,685 single-family and multifamily homes across Louisiana and the U.S. Gulf Coast with a reconstruction cost value (RCV) of approximately $62.85 billion are at potential risk of storm surge damage from Hurricane Delta based on its projected Category 2 status at landfall. These estimates are based on the October 7, 5 p.m. Eastern Daylight Time (EDT) National Hurricane Center forecast.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005338/en/

Hurricane Delta: Number of Homes at Storm Surge Risk and Associated Reconstruction Cost Value (Graphic: Business Wire)

“After battering the Yucatán Peninsula near Cancún, Mexico, Hurricane Delta is headed for the Gulf Coast just weeks after Hurricane Laura brought significant wind and storm surge damage to the Texas and Louisiana coastlines,” said Curtis McDonald, meteorologist and senior product manager of CoreLogic. “Residents in these coastal areas are already trying to recover from their losses and are now faced with a second substantial storm. This season has been relentless, and Louisianans should be prepared for the long recovery road ahead.”

As Hurricane Delta approaches the Gulf, its path will become more certain and the metropolitan areas at risk will narrow. For the most up-to-date storm surge exposure estimates, visit the CoreLogic natural hazard risk information center, Hazard HQ™, at www.hazardhq.com.

The primary threats as Hurricane Delta makes landfall in central Louisiana will be storm surge and damaging winds. Heavy rainfall is also expected, but a fast storm speed is expected to limit catastrophic inland flooding. CoreLogic catastrophe and weather experts expect the 2020 hurricane season to continue on its above-average trend given warmer oceanic

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Immigrant restaurant owners risk everything for the American dream. Now COVID-19 could end it.

All their friends told immigrants Max and Lara Lucchetti that living in America would be easy, despite the price tag. So they sold their handyman service, uprooted their lives in Milan and invested their life savings – all $100,000 of it – on a familiar gamble: opening a restaurant in South Florida.

Now, facing an obstacle they didn’t anticipate in COVID-19, the Lucchettis may be forced to close their Pompano Beach restaurant, La Forketta, within two months, and give up their American dream.

A National Restaurant Association survey in mid-September estimates that 100,000 restaurants have already permanently shut nationwide, and 40 percent of operators don’t expect to survive another six months without federal relief.

But the Lucchettis carry an added burden that other struggling restaurants don’t share. They belong to a class of immigrant entrepreneurs whose future in America is staked to their business’s survival.

If La Forketta fails, their visas may be canceled, forcing Max and Lara and their two sons to move back to Italy – or face deportation.

“It’s been horrible,” says Max, spinning a margherita pizza in the oven of his rustic – but empty – trattoria in Pompano’s suburban Palm Aire neighborhood. “I’ve just been scared. Lots of sleepless nights.”

To open a restaurant in the United States, many foreign-born business owners like the Lucchettis apply for E-2 visas, says Patricia Wall-Santiago, a Fort Lauderdale immigration attorney who has 10 such clients. So-called E-2 “investor treaty” visas are granted to entrepreneurs who invest large sums of money in a U.S. business; for restaurants, it’s roughly $100,000. The visa requires owners to not only break even but also hire U.S. workers and hit profitability goals, she says.

Hitting those goals during the pandemic, when restaurant capacity has been restricted, is likely impossible. La Forketta’s sales are

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Wildfires Put Nearly 2 Million Homes At Extreme Risk Of Property Losses

Nearly 2 million homes with a reconstruction cost value of more than $638 billion are at an elevated risk of wildfire damage this year, according to a new report by data analytics provider CoreLogic.

This wildfire season is well on its way to setting a record for one of the most destructive years for wildfires in recent memory, and the pandemic is creating additional complications, according to the report, which provides insights into single-family and multifamily residential properties at risk of damage from wildfires in the United States.

The devastating wildfires raging across the Western United States have left homeowners facing the challenge of starting from scratch. With disruptions to the supply chain for raw materials, manufacturing and transportation, the resulting hit to reconstruction efforts could be further challenged.

There is no state that is completely free from wildfire risk, but CoreLogic’s wildfire data indicates that over the past two years, approximately 96.4% of the total acreage burned in the United States was in 13 fire-prone Western states, plus Alaska and Florida. These 15 states are the most susceptible and have an expectation of severe property losses due to wildfire.  

Alaska, due to its size and concentration of forested area, accounts for a large segment of total wildfire acreage each year. And Florida, even with higher levels of humidity and rainfall, tends to experience a relatively large share of wildfire activity.

As the nation’s population increases and residential development extends farther from metro areas, more homes and businesses will face the threat of wildfires. 

The Los Angeles metro area tops the list of metropolitan areas with the greatest single-family residences at wildfire risk, followed by the Riverside and San Diego metro areas. California

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