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Stock impact report

Hospital flooded by Hurricane Helene to be rebuilt in another flood plain [CBS News]

ZURICH INS GROUP S/ADR (ZURVY) 
NASDAQ:AMEX Investor Relations: zurich.com/en/investor-relations
Company Research Source: CBS News
several feet of flooding in a much smaller storm, risking another disaster if the new facility is not built to withstand extreme weather, according to a KFF Health News analysis. Ballad Health announced in January that it would spend about $44 million to rebuild the 10-bed Unicoi County Hospital in a field behind a Walmart in Unicoi, Tennessee, about 7 miles from the shuttered hospital that was the site of catastrophic flooding and a daring helicopter rescue on Sept. 27, 2024. But the new location also faces significant flood risk, according to a KFF Health News review of information from Fathom and First Street , two climate data companies whose flood modeling is considered more sophisticated than outdated flood maps published by the Federal Emergency Management Agency. Both Fathom and First Street estimate that a 100-year flood — a weather event more common and less intense than Helene — could cover much of the hospital site with more than 2 feet of water. "The proposed site i Show less Read more
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