MELBOURNE — Severe storms are expected to bring some relief in the coming days from huge bushfires scorching Australia but the heavy downpours could also carry the risk of landslides and water pollution, officials said on Wednesday. Australia is battling …
DALLAS — An insurance industry group says the nine tornadoes that struck the Dallas area during a Sunday night outbreak caused an estimated $2 billion in insured losses. The Insurance Council of Texas said the estimate, which it called “pretty …
Puerto Rico’s economy has shown considerable signs of improvement after the hit form hurricanes Irma and Maria two years ago, while the U.S. Virgin Islands economy remains “mired in a deep slump.” That’s the finding in new report by the …
Slowing the planetary march toward climate catastrophe—and the multitrillion-dollar investment required to do it—has become a central issue of global and national debate. But there’s the equally expensive matter of dealing with the here and now: From historic wildfires to …
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country’s losses from hail breached $19 billion in inflation-adjusted …
Washington is announcing a goal of retrofitting or removing all of its flood-prone buildings by 2050, the first major U.S. city to set such a policy. The proposal is part of a broader plan to protect Washington, which is home …
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 …
Officials say lightning is being investigated as the possible cause of a number of fires as storms rolled through southeastern Pennsylvania overnight, bringing drenching rains and bringing down trees and power lines. Bucks County emergency dispatchers told WCAU-TV that a …
Powerful thunderstorms swept through parts of Oklahoma late Tuesday and early Wednesday, knocking out power to tens of thousands of homes and businesses and setting off fires caused by lightning strikes. American Electric Power-Public Service Company of Oklahoma reported more …
AIG announced that it has entered into a five-year reinsurance transaction with Tradewynd Re Ltd., which will provide $125 million of indemnity reinsurance protection against U.S., Caribbean and Gulf of Mexico named storms and U.S. and Canadian earthquakes. A diversified …