floods News

Zurich Insurance Chief Set to End Revamp Ahead of All Goals

Zurich Insurance Group AG said it will exceed all of its financial targets as the global insurer benefits from a three-year turnaround plan that slashed costs. The combined ratio, a key measure of underwriting performance, declined to 95.1%, the company …

Senate Passes $19.1 Billion Relief Package for Natural Disasters

The Senate passed a $19.1 billion disaster-aid plan Thursday for areas hit by hurricanes, Midwest floods and California wildfires after lawmakers resolved months of disagreement over funds for Puerto Rico. President Donald Trump said he supports the bill. The 85-8 …

Pence Arrives in Nebraska to Review ‘Bomb Cyclone’ Flooding

Vice President Mike Pence arrived in Nebraska on Tuesday to survey the devastation unleashed across the U.S. Midwest by floods that have killed four people and caused more than a billion dollars in damage to crops, livestock and roads. The …

Social Media Can Warn of Impending Natural Catastrophes

Social media can warn us about extreme weather events before they happen – such as hurricanes, storms and floods – according to new research by the University of Warwick. Nataliya Tkachenko, with her supervisors in the Department of Computer Science, …

Strong January Storms Stir Destruction From Coast-to-Coast

From California to the Deep South to the Northeast, millions of Americans were contending with death and destruction from damaging January weather. Flooding, high winds and suspected tornadoes have rousted people from their homes. A deadly storm system tore across …

Study Predicts Warming Will Trigger 3 Times as Many Extreme Downpours in U.S.

Extreme downpours – like those that flooded Louisiana, Houston and West Virginia earlier this year – will happen nearly three times as often in the United States by the end of the century, and six times more frequently in parts …

I.I.I.: 2016 Atlantic Hurricane Season Most Active in 4 Years

The 2016 Atlantic hurricane season concluded yesterday with 15 named storms generating seven hurricanes, three of which were considered major ones, according to the Insurance Information Institute (I.I.I.). The National Oceanic and Atmospheric Administration (NOAA) said it was the busiest …

Already Soaked Central U.S. Faces More Severe Thunderstorms

More severe thunderstorms, tornadoes and heavy rain are expected this weekend. Through the next few days, four to 8.5 inches (10 to 22 centimeters) of rain could fall from the Great Plains to the Gulf of Mexico, with most of …

Texas Led U.S. in Catastrophic Losses in 2015

Tornadoes, hailstorms and fires took their toll on the state last year with insured losses well over $3 billion. Texas had over three times as many claims and almost three times the dollar amount in losses as the next highest …

Flooding Washes out Roads, Causes Collisions in South Carolina

A dangerous rainstorm drenching the East Coast brought more misery Sunday to South Carolina – cutting power to thousands, forcing hundreds of water rescues and closing “too many roads to name” because of floodwaters. Early Sunday, emergency management officials sent …