Zurich Insurance Group AG fell in Zurich trading after posting a quarterly profit supported by one-time gains as Chief Executive Officer Mario Greco presses ahead with an overhaul of Switzerland’s largest insurer. Net income for the three months through December …
Last year’s natural hazards were reportedly below average or average with the exception of flood and wind, both of which saw above-average activity, due in large part to Hurricane Matthew, according to CoreLogic’s annual Natural Hazard Risk Summary and Analysis. …
The Kennedy Space Center in Fla., recorded the highest estimated wind speed in 2016 at 101 mph on October 6 during Hurricane Matthew, according CoreLogic’s Windy City Index, an annual analysis of top wind-related natural hazard events. The hurricane, the …
Climate-based disasters caused $46 billion in damage and killed at least 138 in the 48 contiguous U.S. states last year, with inland flooding emerging as the costliest weather event for the first time since 1997. The number of billion-dollar occurrences …
A newspaper analysis shows the South Carolina attorney general has initiated no prosecutions involving about 400 complaints of price gouging by businesses during Hurricane Matthew. Records obtained by The Island Packet and The Beaufort Gazette show the office of Republican …
A number of devastating earthquakes and powerful storms made 2016 the costliest twelve months for natural catastrophe losses in the last four years, according to Munich Re. Losses totaled $175 billion, more than two thirds above the previous year and …
On the eve of a special session for disaster relief, Gov. Pat McCrory asked the North Carolina legislature to approve $200 million to help with short-term recovery and long-term rebuilding after Hurricane Matthew and mountain wildfires this fall. In a …
When Jefferson Community College was making plans to build its first residence hall, there was one must-have for President Carole McCoy: generators for backup if the power went out. With her campus in Watertown, New York in the bulls-eye of …
Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110 million in damage to recreational boats, according to Boat Owners Association of The United States (BoatUS). The national advocacy, services …
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 …