To partially offset the lost revenue, Republicans propose repealing or phasing out more quickly the clean energy tax credits passed during Joe Biden’s presidency, helping to bring down the overall cost of the tax portion to about $3.8 trillion.
. Officials and researchers involved with the study say it proves Alabama’s proactive approach to the challenge — mandatory, sizable insurance discounts for those who use Fortified and a grant program to help them afford it — could be a national model for increasing insurability and safety.IBHS created Fortified to strengthen buildings against storm damage based on decades of research at its facility, where it uses a giant wind tunnel to pummel model houses with rain, hail, and wind up to 130 miles per hour.
“We are having record breaking year after record breaking year of disasters and insured losses, and we have been searching for meaningful ways to reduce the severity and the frequency of those losses,” said Fred Malik, managing director of the Fortified program.The three levels of designations — Fortified Roof, Silver and Gold — employ methods like improving roof fasteners, using impact-rated doors and windows, and more securely anchoring walls to their foundation. The program requires third-party verification of work.About 80,000 homes across 32 states now have Fortified designations, with over 53,000 in Alabama.
The state began looking for ways to improve storm outcomes after Hurricane Ivan in 2004 jolted the state’s insurance market. “Ivan was absolutely devastating,” said Alabama Insurance Commissioner Mark Fowler. “Our market was going crazy, insurers were leaving.”It became the only state to implement mandatory minimum insurance discounts for Fortified homes, currently as much as half off the wind portion of homeowners’ premiums. It also launched the
incentive program, offering grants of up to $10,000 for homeowners retrofitting their houses to Fortified standards.
The state has doled out $86 million for 8,700 Fortified retrofits since 2015. Fowler credits the initiative with also catalyzing demand for new Fortified construction and incentivizing contractors and inspectors to learn the standards.Overtaking is near-impossible on Monaco’s narrow streets. To make the race more of a strategy contest, F1’s governing body, the FIA, required two tire changes in the hope that smartly timed pit stops would create drama.
Last year’s winner Charles Leclerc had predicted “chaos” but instead it was a frustrating race for many drivers as some drove extra slowly to create a gap for a teammate in front to pit without losing positions. Mercedes driver George Russell argued the go-slow led to dangerous situations.Winner Lando Norris was scathing about the rule change, something he saw as an attempt to create “manufactured racing.”
Norris spent much of the race behind Max Verstappen, who delayed his second stop, hoping for a red-flag stoppage. That would have allowed a free tire change, and maybe given Verstappen the win.“There’s not been any more overtaking here. I thought that was what was wanted,” Norris said. “Now you just give people opportunity by luck, by waiting for a red flag, waiting for a safety car. You aren’t getting a more deserved winner in the end of things.”