In Dallas/Fort Worth, the remains of Hurricane Katrina are still being felt. This is according to the fourth-quarter apartment update reported by O'Connor & Associates, the Houston-based real estate consulting firm and leader in apartment market research data in Texas. The report tracks the growth of apartment living in the...
In Houston, the remains of Hurricane Katrina are still being felt. Houston area apartment occupancy also fell from last quarter, down 1.4 points overall. On average, apartments in Houston show an 88.46 percent occupancy rate. This is the fifth consecutive quarterly drop in occupancy levels. Class A properties fell 1.54...
In San Antonio, the remains of Hurricane Katrina are still being felt. This is according to the fourth-quarter apartment update reported by O'Connor & Associates, the Houston-based real estate consulting firm and leader in apartment market research data in Texas. The report tracks the growth of apartment living in the...
The Austin apartment market appears to be the most capable of all the major Texas markets of withstanding the effects of Hurricane Katrina. This is according to the fourth-quarter apartment update reported by O'Connor & Associates, the Houston-based real estate consulting firm and leader in apartment market research data in...
This paper is an update to the original O'Connor & Associates? Hurricane Katrina report. As one of the nearest and largest metropolitan areas to New Orleans, Houston took in a massive number of New Orleans residents before and after the hurricane. At its peak, approximately 300,000 evacuees took refuge in...
WASHINGTON, Sept. 6 /U.S. Newswire/ -- In connection with the Hurricane Katrina and 9/11 anniversaries, U.S. Comptroller General David Walker today released the Government Accountability Office's GAO summary report of its Hurricane Katrina work to date,WASHINGTON, Sept. 6 /U.S. Newswire/ -- In connection with the Hurricane Katrina and 9/11 anniversaries,...
WASHINGTON, Oct. 20 /U.S. Newswire/ -- On Sept. 8, in the immediate aftermath of Hurricane Katrina, Attorney General Alberto R. Gonzales established the Hurricane Katrina Fraud Task Force. The Task Force is charged with deterring, detecting, and prosecutWASHINGTON, Oct. 20 /U.S. Newswire/ -- On Sept. 8, in the immediate...
It's a common observation that crises such as wars, recessions, stock market meltdowns, ethics scandals, and natural catastrophes often drive the public policymaking process. A crisis reveals a problem and then a public consensus emerges that policymakers must do something about it. The policy debate then centers on the best...
IRVING, Texas -- As the unprecedented devastation of Hurricane Katrina continues to unfold, ExxonMobil today announced a Hurricane Katrina Matching Program for contributions by employees, retirees, surviving spouses, dealers and distributors worldwide.
This paper explores options for programs to be put in place prior to a disaster to avoid large and often poorly-managed expenditures following a catastrophe and to provide appropriate protection against the risk of those large losses which do occur. The lack of interest in insurance protection and mitigation by...
IRVING, Texas -- News reports detailing the devastation wrought by Hurricane Katrina across the southern US, particularly in Alabama, Louisiana and Mississippi, have touched us all. Thousands of Americans have lost their lives, and countless others are without homes, power, and transportation. In response to the effects of Hurricane Katrina,...
BIRMINGHAM, Ala. -- Books-A-Million, Inc. (NASDAQ/NM: BAMM) today announced that it is lowering earnings guidance previously issued for the third quarter and fiscal 2006 full year to reflect the expected impact of reduced sales resulting from Hurricane Katrina that affected the southeastern United States. The Company has experienced lower-than-expected sales...
OConnor & Associates has produced an updated and expanded White Paper examining the short- and long-term impact of Hurricane Katrina upon Houston, particularly the multifamily market. This report is the most comprehensive analysis on this subject anywhere. The expanded White Paper addresses: comprehensive analysis of number of evacuees; impact of...
MIAMI & WASHINGTON -- Univision Communications Inc. (NYSE: UVN) will partner with the American Red Cross to assist in fundraising efforts aimed at helping those in need due to the devastation resulting from Hurricane Katrina. Univision Communications will enlist its entire platform of media outlets in order to reach out...
SCOTTSDALE, Ariz. -- When the winds of Hurricane Katrina died down in Bay St. Louis, Mississippi, a lone, but powerful symbol remained standing, tall and high above the destruction that was now the panoramic view as far as the eye could see.
Due to the large-scale devastation wreaked by Hurricane Katrina, the transient nature of the evacuee population, and the heavy caseload for government employees helping to place the evacuees into semi-permanent housing, it is nearly impossible to get complete and accurate information on the evacuee population. The authors have made every...
While there have been and will be much-needed investigations about specific failures in preparation and responses at local, state and national levels, the disaster raises a set of much deeper questions about how one addresses risk in the society. Could the current policies and infrastructure be as vulnerable in the...
Towers Perrin estimates direct industry loss from Katrina at $40 to $55 billion as of September 30, 2005. This paper presents an analysis which includes line-of business estimates; how losses will be split among insurers, reinsurers and capital markets; a look at hurricane frequency and severity; risk management implications; and...
Hurricane Katrina will have an enormous impact on people and the economy of the United States. The hurricane affected over a half million people located in Louisiana, Mississippi, and Alabama and has resulted in one of the largest natural disaster relief and recovery operations in United States history. The paper...
The author has not been quick to post his thoughts about the planning and response related to Hurricane Katrina and Hurricane Rita. He has been the victim of plenty of Monday morning quarterbacking over the years, so he does not like to pile on. So the intent of this paper...