Don’t Underestimate Your Flood Risk: Consider Buying Flood Insurance Even If You Live Outside Of A High Risk Zone
NEW YORK, April 5, 2016 /PRNewswire-HISPANIC PR WIRE/ — Nine out of 10 natural disasters in the United States involve flooding, yet less than 15 percent of the nation’s homeowners and renters have purchased flood insurance, according to the Insurance Information Institute (I.I.I.).
Logo – http://photos.prnewswire.com/prnh/20150428/212128LOGO
“Too few residences are covered by flood insurance policies because many homeowners and renters underestimate their flood risk,” said Jeanne Salvatore, the I.I.I.’s senior vice president, Public Affairs, and chief communications officer, noting that 20 percent of all flood claims come from moderate-to-low flood risk areas. “Most Americans should at the very least consider acquiring flood insurance because standard homeowners and renters policies do not cover flood-caused damage.”
Flood insurance is available to homeowners and renters from FEMA’s National Flood Insurance Program (NFIP) and a few private insurance companies. Excess flood insurance policies can also be purchased by homeowners seeking coverage above and beyond the basic NFIP policy, which is capped at $250,000 for structural damage and $100,000 for contents, or those residing in a community that does not participate in FEMA’s NFIP and cannot buy an NFIP policy from the federal government.
“There is a 30-day waiting period between buying an NFIP policy, and when the coverage takes effect, so those residing along the Gulf and Atlantic coastlines may want to act soon because hurricane season starts on June 1,” Salvatore noted.
In its U.S. Spring Outlook for April–June 2016, the National Oceanic and Atmospheric Administration (NOAA) stated, “Parts of Louisiana, Arkansas and eastern Texas have an elevated risk of moderate flooding, along with communities along the Mississippi and Missouri River basins and the southeastern United States, from Alabama to North Carolina.”
RELATED LINKS
Articles: Does My Homeowners Insurance Cover Flooding?; Flood Insurance
Facts and Statistics: Flood Insurance
Issues Update: Flood Insurance
Presentation: The Plain Truth about Flood Insurance and Floodplain Management
Video: NOAA’s spring 2016 Climate and Flood Outlook
The I.I.I. has a full library of educational videos on its You Tube Channel. Information about I.I.I. mobile apps can be found here.
THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.
http://www.facebook.com/InsuranceInformationInstitute
http://twitter.com/iiiorg
http://www.linkedin.com/company/insurance-information-institute
http://www.youtube.com/iiivideo
https://plus.google.com/113369356227754162778
FIBRA Prologis Announces Annual and Extraordinary Certificate Holders Meeting
MEXICO CITY, April 8, 2016 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV: FIBRAPL14), the leading owner and operator of Class-A industrial real estate in Mexico, today announced it will host the annual and extraordinary certificate holders meeting Monday, April 25, 2016 at 11:00 a.m. CT in the office of the Common Representative, Monex Casa de Bolsa, S.A. de C.V., located at Av. Paseo de la Reforma No. 284, floor 9, Col. Juárez, C.P. 06600, México, Distrito Federal.
The meeting is open to FIBRA Prologis certificate holders of record as of April 22, 2016. The agenda for the Annual Holders Meeting includes ratification of independent members (primary and/or alternate) of the technical committee; confirmation of the members’ independence; ratification of compensation for such members; review and approval of audited 2015 financial statements; and approval of the 2015 annual report. The Agenda for the Extraordinary Holders Meeting includes the approval to change the leasing fee paid to the Manager.
For more information, please visit the Investor Relations section of the FIBRA Prologis website at www.fibraprologis.com.
ABOUT FIBRA PROLOGIS
FIBRA Prologis is the leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2015, FIBRA Prologis was comprised of 188 logistics and manufacturing facilities in six industrial markets in Mexico totaling 32.6 million square feet (3.0 million square meters) of gross leasable area.
FORWARD-LOOKING STATEMENTS
The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.
Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.
Liberman Broadcasting Files FCC Program Carriage Complaint Against Comcast
WASHINGTON, April 8, 2016 /PRNewswire-HISPANIC PR WIRE/ — Liberman Broadcasting, the largest minority-owned Hispanic broadcast company in the U.S., and the family-owned parent company of fast-growing Spanish-language television network Estrella TV, today filed a major program carriage complaint with the FCC against Comcast, the nation’s largest cable company.
The complaint presents clear and compelling evidence that Comcast has discriminated against Estrella TV for the purpose of benefitting its own Spanish-language networks Telemundo and NBC Universo. In addition, the filing presents evidence of Comcast seeking to exert its market position to unlawfully force Estrella to relinquish the digital rights to its own content as a condition for carriage. These actions constitute violations of the FCC’s Program Carriage regulations, as well as of the merger conditions imposed on Comcast when it acquired NBCUniversal.
Commenting on the filing, Liberman Broadcasting CEO and President Lenard Liberman said, “Comcast, the nation’s largest cable company and owner of a vast array of TV networks including Telemundo and NBC Universo, has systematically abused its position by discriminating against a vibrant and fast-growing competitor in Estrella TV. Fortunately, the FCC’s Program Carriage rules exist precisely to address this type of practice. We hope the FCC will move swiftly to put a stop to Comcast’s egregious behavior not only for the good of our network, but also to send a message to all independent programmers that they need not endure unlawful abuse at the hands of Comcast.”
Liberman Broadcasting’s filing describes the company’s rise over the past several years to become a vigorous competitor with Comcast-owned Telemundo. This includes Nielsen data for key markets such as Los Angeles and Dallas-Ft.Worth where Estrella TV’s local broadcast station is distributed on a roughly equal basis with Telemundo. In both markets, Estrella TV ratings in key demographics in recent sweeps periods match or beat Telemundo’s. This impressive ratings performance is the reason other major multichannel video programming distributors (MVPDs) including AT&T/DIRECTV, Time Warner Cable, Charter Communications and many others broadly distribute Estrella TV and why leading station groups including Sinclair Broadcast Group, TEGNA, Nexstar, Hearst and others have established affiliate relationships in markets nationwide.
Rather than following suit and distributing a channel with growing popularity to its viewers, Comcast has gone in the opposite direction, refusing to distribute Estrella TV on an equal basis with Telemundo and NBC Universo, leading to Estrella TV’s stations being dropped in three major markets: Denver, Houston and Salt Lake City. Since Comcast ceased distribution of Estrella TV’s stations in those markets, the ratings for Estrella TV’s stations have predictably collapsed, while Telemundo has in turn benefitted.
“At Estrella TV, we are proud of our growing popularity among Hispanic viewers and especially pleased by the ratings strength for our news programming, which we run every night against Telemundo’s novelas,” said Mr. Liberman. “Virtually every major MVPD broadly distributes us, while Comcast refuses to do so. The reason for this difference is obvious: only Comcast happens to also own Telemundo, one of our biggest competitors, as well as NBC Universo, a rebranded channel which does not come close to matching our popularity. That sort of blatant discrimination is contrary to the law and to the public interest.”
If Comcast is found to have violated the Program Carriage rules, the FCC can require Comcast to distribute and compensate Estrella TV on an equal basis with Telemundo.
PRESS CONFERENCE CALL DETAILS
WHAT:
Estrella TV will host an on the record press conference call to discuss their program carriage complaint filed today with the FCC against Comcast.
WHEN:
Friday, April 8, 2016
11:00am ET
WHERE:
Dial-in: 1-888-339-2688, Passcode: 970 865 81
ABOUT LIBERMAN BROADCASTING
Since its 2009 launch, Estrella TV has established itself as a top U.S. Hispanic television network. The broadcast network has achieved its fast-track success by producing high-quality, original programming in-house at its Burbank, Calif. studios featuring well-known stars and popular personalities from the U.S. and Latin America. Estrella TV has built a catalog of more than 7,500 hours of programming now being distributed by the company worldwide. Estrella TV is owned and operated by Liberman Broadcasting, Inc., a leading Spanish-language, minority-owned media and entertainment company and one of the largest Spanish-language radio and television broadcasters in the U.S., based on both revenues and number of stations. For more information visit www.estrellatv.com.
Gruma/Mission Foods contributes US$4 million dollars to create a Mexico-Texas bilateral relations center
DALLAS, April 7, 2016 /PRNewswire-HISPANIC PR WIRE/ — The President and CEO of Gruma, Juan González Moreno and the President of Southern Methodist University (SMU) in Dallas, Gerald Turner, today signed an agreement to create The Mission Foods Texas-Mexico Center, whose main objective will be to study, elevate and improve the Mexico–Texas–United States relationship through research, annual conferences and public forums.
Photo – http://photos.prnewswire.com/prnh/20160407/352964
“Through this initiative, we would like to stress our conviction that working together in good faith is the most effective path toward finding solutions to common problems and the best way of creating more and better opportunities for the progress of individuals and companies,” said Juan González Moreno, President and CEO of Gruma.
Gruma/Mission Foods decided to support the creation of this center because it saw a huge opportunity to contribute to improving Texas–Mexico relations, and it found that throughout the long history of economic, social, political and family relationships between the two regions there had been no academic program dedicated specifically analyzing this important relationship.
“Today, Gruma-Mission Foods is contributing US$4 million dollars to the creation of The Mission Foods Texas-Mexico Center, whose fundamental objective is to discuss and improve the strategic relationships between Mexico, Texas and the United States,” the businessman added.
“We are very proud to be a part of this important initiative,” said González Moreno to the Secretary of Foreign Relations of Mexico, Claudia Ruiz Massieu, the President of Southern Methodist University in Texas, Gerald Turner, authorities, academics and students at SMU, as well as businesspeople on both sides of the border.
In addition, through The Mission Foods Texas-Mexico Center, students and academics at the Edwin L. Cox School of Business at SMU – whose participation is valuable in economic and business programs in favor of the Texas–Mexico relationship – will strengthen their ties with companies on both sides of the border, and will have help in developing and offering innovative research and ideas that add up to the strengthening of bi-national relationships.
The results of the educational center’s main activities will be made public through specialized and academic publications, reports and white papers, and the research programs will be created in collaboration with Mexican higher education institutions suggested by the Secretary of Foreign Relations, the Secretary of Public Education, the National Board for Science and Technology, and the Consulate General of Mexico in Dallas.
It should be remembered that Texas was a key piece in the history of Gruma’s international expansion, as it was there that Gruma’s first corn-grinding mill outside of Mexico was built at the start of the 1980s, which then led to the creation of Azteca Milling, one of its subsidiaries in the United States.
Today Gruma-Mission Foods has sales of more than US$2 billion in the United States, which is more than 50% of its sales worldwide, for which reason the Mexican multinational at all times drives and supports actions that result in a better understanding between the two countries.
Contact:
Pedro R. Rodriguez Peña
Direct Line (55) 9177-0419 and 0455
[email protected]
The National Hispanic Corporate Council Presents Soledad O’Brien I Am Latino In Corporate America
WASHINGTON, April 7, 2016 /PRNewswire-HISPANIC PR WIRE/ — The National Hispanic Corporate Council (NHCC), the premiere resource for Corporate America on maximizing Hispanic market opportunity, announces that award-winning journalist and CEO of Starfish Media Group Soledad O’Brien will host a special “I AM LATINO IN CORPORATE AMERICA” plenary panel on Thursday April 7, from 3:00 pm to 4:30 pm, in Independence A Ballroom of the Grand Hyatt Washington Hotel. The Plenary is a highlight of the 2016 NHCC Annual Summit and 30th Anniversary Celebration scheduled for April 6-7, 2016.
Joining O’Brien will be senior corporate executives for an in depth discussion on the growth and power of the Hispanic/Latino consumer and its impact on the corporate bottom line. The featured Panel includes: Jennifer Brase, VP Diversity & Inclusion, Northwestern Mutual; Ajamu Johnson, Executive Director, Supplier Diversity & Procurement Strategy Comcast & NBCUniversal; Luis Lobo, EVP, Manager Multicultural Banking, BB&T; and Fred Whipple, VP Diversity, Community & Workforce, Shell. The SOLEDAD O’BRIEN HOSTS I AM LATINO IN CORPORATE AMERICA Panel is produced by INGEÑUNITY and Starfish Media Group.
“NHCC is honored to have Soledad O’Brien lead an in-depth discussion on the important contributions of Latinos within corporate America,” said Octavio A. Hinojosa Mier, NHCC Executive Director. “As a national organization dedicated to helping corporate America better understand the diverse Hispanic market, we now know the future prosperity of many of our corporate members is directly tied to their competitiveness in the growing 1.5 trillion dollar domestic Hispanic market.”
The 2016 NHCC Annual Summit theme, “Three Decades, One Goal: Transforming the Future,” will bring together experts in the areas of its five pillars; human resources, marketing, supplier diversity, and community relations within the foundation of corporate social responsibility. NHCC’s goal is to provide its membership with the latest corporate best practices on maximizing the Hispanic market opportunity. For more information on NHCC, please our website at www.nhcchq.org.
About NHCC:
Founded in 1985, NHCC is a unique membership organization comprised of Fortune 1000 corporations providing leading-edge corporate best practices, research and network opportunities for the benefit of its corporate members. NHCC is the premier resource on effectively maximizing the Hispanic market opportunity through marketing, community relations, human resources, and procurement within the foundation of corporate social responsibility. To learn more about NHCC visit us at www.nhcchq.org. Follow us on Twitter @NHCCorg.
MEDIA CONTACT:
Octavio Hinojosa, 202-528-7229, [email protected]
Logo – http://photos.prnewswire.com/prnh/20130912/MM79047LOGO
3 Ways to Find Financial Happiness This Year
WILMINGTON, Delaware, April 7, 2016 /PRNewswire-HISPANIC PR WIRE/ — Hispanics want to focus on credit health and believe it could lead to a happier life. The Chase Slate 2016 Credit Outlook revealed 70 percent of Hispanics believe a higher credit score would lead to greater happiness and opportunities compared to just 59 percent of Americans overall.
Healthy credit can open doors in the short-term, long-term and throughout one’s lifetime, and with more men and women on the path to achieving their goals, that happier life they’re seeking could be closer within reach. However, one-in-five Hispanics (20 percent) has never checked their credit score – when asked why, 40 percent said it’s because they had no reason to, 35 percent indicated that they meant to, but didn’t get around to it, while 29 percent said it’s because they were afraid it would be a low number.
Farnoosh Torabi, personal finance expert and Chase Slate financial education partner, suggests taking action now to let go of the fear factor and find financial happiness with these tips:
Don’t fear the future. Plan for it.
Did you dip into savings last year, or not manage to save much at all? Instead of worrying about depleted savings, put your energy toward refueling that account immediately. A good rule of thumb is to have six to nine months of savings to cover necessary expenses in the event of an emergency, like a job loss or disability. Beyond savings, take time to make sure you’ve got proper protections in place, including health, life, homeowners and auto insurance.
Get up-close and personal with your credit standing.
Financial unknowns can be scary at first, but you’ve got to understand where you stand now to be able to figure out where you can go next. Turns out top-notch credit can be your golden ticket to securing an affordable mortgage or qualifying for the best interest rates. The Chase Slate Credit Dashboard provides a comprehensive view of your credit health through free access to your monthly FICO score, the specific positive and negative factors behind it and tips for improving your score over time.
Raise your hand … and your voice.
If you’re feeling uninspired by your 9-to-5 job, find ways to act like an entrepreneur within your role. Taking on new responsibilities or proactively inventing new systems can make you stand out both within your company and your industry, which may bring financial rewards, such as a deserved pay raise. Don’t be afraid to ask for it, just make sure you understand your company’s financial situation and your market value, and be prepared to explain your merits.
For more tips to improve credit health and find financial happiness, visit Chase.com/news.
Infographic – http://photos.prnewswire.com/prnh/20160407/352914-INFO
California Assembly Committee Delivers 2nd Punch to Powdered Alcohol, Passes AB 1554 to Ban the Product in the State
SACRAMENTO, California, April 6, 2016 /PRNewswire-HISPANIC PR WIRE/ — Alcohol Justice and the California Alcohol Policy Alliance (CAPA) are reporting today that the second of two state bills to ban powdered alcohol in California has been passed by the Assembly Committee on Governmental Organization (GO). “Kudos to Assemblymember Irwin and the members of the GO Committee for their leadership on this issue,” stated Michael Scippa, Public Affairs Director for Alcohol Justice. “We are hopeful that California will soon join the 30 other states which have already enacted precedent-setting, preemptory bans on this dangerous alcoholic product.”
Logo – http://photos.prnewswire.com/prnh/20110727/DC41105LOGO
AB 1554, and an identical measure in the Senate (SB 819 – authored by Senator Bob Huff, R-Diamond Bar), will create a comprehensive pre-emptive stop to a chilling litany of health and safety concerns associated with powdered or crystalline alcohol. The bills will prohibit the possession, purchase, sale, offer for sale, distribution, manufacture, or use of powdered alcohol and would make the violation of these provisions punishable with a fine.
“When youth binge drinking and alcohol-related deaths are already at epidemic levels in California, the last thing we need is a product which is inherently easy to conceal, transport, and marketed as a way to make super-charged cocktails on the go,” said Assemblymember Irwin (D-Thousand Oaks).
“I am encouraged by today’s vote which puts us one step closer to keeping this product out of the hands of California’s youth.”
An impressive group of public health and safety advocates from across the state came together to support her bill, including:
- Alcohol Justice
- Alcohol Policy Panel of San Diego County
- Association of California Healthcare Districts
- Association for Los Angeles Deputy Sheriffs
- California Alcohol Policy Alliance (CAPA)
- California Association of Code Enforcement Officers
- California College and University Police Chiefs Association
- California Council on Alcohol Problems
- California District Attorneys Association
- California Friday Night Live Partnership
- California Narcotic Officers Association
- Children’s Hospital Los Angeles
- Consumer Federation of California
- County Health Executives Association of California
- County Behavioral Health Directors Association – California (CBHDA)
- Contra Costa Board of Supervisors
- Eden Youth and Family Center
- El Dorado County Board of Supervisors
- Health Officers Association of California
- Institute for Public Strategies
- Los Angeles County Professional Peace Officers Association
- Los Angeles Drug and Alcohol Policy Alliance
- Los Angeles Police Protective League
- Marin County Board of Supervisors
- McGeorge Legislative & Public Policy Clinic
- Pacific Clinics
- Partnership for a Positive Pomona
- Placer County Board of Supervisors
- Pueblo y Salud, Inc.
- Riverside Sheriffs Association
- San Francisco Board of Supervisors
- Santa Barbara Fights Back Coalition
- Saving Lives Coalition
- Social Model Recovery Systems
- Sonoma County Board of Supervisors
- Techniques for Effective Alcohol Management (TEAM)
- Youth Leadership Institute
- Ventura County Board of Supervisors
- Ventura County Sheriff’s Department
Last March, Alcohol Justice requested emergency legislative action nationwide and in California in response to news that the U.S. Alcohol & Tobacco Tax & Trade Bureau (TTB) approved labels for the powdered alcohol product, Palcohol. The TTB approval gave a green light to begin marketing it wherever legal. Since then, 30 states have permanently banned powdered alcohol. Two states have enacted temporary one-year statutory bans, and three states are regulating it under existing alcohol statutes.
“Powdered Alcohol has a high potential to attract youth with its convenience, fruity flavors and portability,” stated Dr. Jim Kooler, spokesperson for California Alcohol Policy Alliance (CAPA), and Administrator of the California Friday Night Live Partnership and the California Center for Youth Development and Health Promotion. “Young people who begin drinking before age 15 are four times more likely to develop alcohol dependence and are two and half times more likely to become abusers of alcohol than those who being drinking at age 21.”
AB 1554 passed by unanimous vote with no opposition in the GO Committee and will now move through one more committee before being voted upon by the full Assembly. In the Senate, the Appropriations Committee will review SB 819, Senator Huff’s powdered alcohol ban bill, on Monday April 11. That bill passed through the Senate GO Committee on a unanimous vote early last month.
For more information: http://alcoholpolicyalliance.org/
To TAKE ACTION: http://bit.ly/1x1qvbT
Contact: Michael Scippa 415 548-0492
Jorge Castillo 213 840-3336
Buscando el norte (Looking North), new from Atreseries Internacional
MADRID, 7 April 2016 /PRNewswire-HISPANIC PR WIRE/ — Tuesday, April 12, is the premier of the new Atreseries series ‘Buscando el norte’, Looking North, a comedy of contrasts that offers a humorous view of the difficulties faced by many Spaniards who emigrate to find a better future.
Logo – http://photos.prnewswire.com/prnh/20151110/285679LOGO
The new series from Atresmedia, produced by Aparte Producciones, presents new faces in Spanish comedy, with Antonio Velázquez, Belén Cuesta and Manuel Burque heading the list, together with Silvia Alonso, Terele Pávez, Kimberley Tell, Bárbara Santa Cruz, Oscar Ladoire, Fele Martínez, Jorge Bosch, Luis Zahera, Elisa Mouliaá, Goizalde Nuñez, Ferrán Rañe, Gillian Apter, Jesús Carroza and Ana Goya.
The series kicks off with the story of Alex and Carol, a brother and sister who, tired of the job situation in Spain, decide to emigrate to the European city of opportunity: Berlin. However their dream of achieving the German dream soon becomes a nightmare when they realize that from once living below their means, they are now living above them. The brother and sister are the thread that runs through this series of stories other Spaniards who have left their country.
The series, filmed in Madrid and Berlin, is based on the film “Perdiendo el Norte” (Losing North) by Atresmedia Cine under the supervision of executive producer Nacho García Velilla, director of the original film as well as other comedies such as “Fuera de Carta” or “Que se mueran los feos”, (The Daily Special, or Kill All the Ugly).
SHOW TIMES
PREMIERE Tuesday, April 12 at
- 20:00hrs/Mexico and Colombia
- 21:00hrs/Venezuela
- 22:30hrs/Argentina, Chile, Uruguay
- 18:30hrs PT/21:30hrs ET
- 19:30hrs/Canada
More information:
[email protected]
www.atresseries.com
@atreseriesint