natural disaster News

Get Ready for More, Longer Blackouts

By Will Wade and Chris Martin
By mid-Monday morning, storms sweeping north from the Gulf Coast had left more than 1.3 million out of power in...

Typhoon-Lashed Philippines Taps Catastrophe Bonds

By Siegfrid Alegado and Denise Wee
The Philippines, among the world’s most disaster-prone nations, sold its maiden foreign-currency catastrophe-linked bonds to help cover costs of major...