Risk Models Behind World’s Best Hedge Fund Strategy Are Getting a Lot Harder to Crack February 26, 2024 By Gautam Naik and Sheryl Tian Tong Lee As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on...
CoreLogic: 2-inch-Plus Hail Fell on 10M U.S. Homes in 2023 February 22, 2024 Last year saw 141 days with large hail (2 inch or greater)—the highest number of days in 20 years, according...
Allstate Reports $276M in January Cat Losses, Updates Rate Increases February 15, 2024 By Chad Hemenway Allstate Corp. on Thursday reported January pretax catastrophe losses of $276 million. The Northbrook, Illinois-based insurer reached its $150 million...
California Faces New Flood Risk as Storm Moves On: Weather Watch February 7, 2024 By Brian K. Sullivan California’s flood threat isn’t over even as the storm currently battering the state whirls its way across the US West....
Flooding Drives Millions to Move as Climate Migration Patterns Emerge December 19, 2023 By Michael Phillis and CAmille Fassett ST. LOUIS (AP) — Flooding is driving millions of people to move out of their homes, limiting growth in some...
The Last Residents of a Coastal Mexican Town Destroyed by Climate Change December 15, 2023 By Daniel Shailer EL BOSQUE, Mexico (AP) — People moved to El Bosque on the Gulf of Mexico in the 1980s to fish...
Homeowners Face Rising Insurance Rates as Climate Change Makes Wildfires, Storms More Common September 21, 2023 By Ken Sweet NEW YORK (AP) — A growing number of Americans are finding it difficult to afford insurance on their homes, a...
Flash Floods Rage in Vermont, New York; 50 Rescued by Swift Boat July 11, 2023 By Brendan O'Brien and Rich McKay Torrential downpours unleashed flash floods on the U.S. Northeast on Monday that washed out roadways, overwhelmed rivers, prompted 50 swift...
A Deadly Heat Wave is Blanketing the South and Spreading East June 30, 2023 By Michael Goldberg, Adrian Sanz and Jim Salter An oppressive heat wave blamed for at least 13 deaths in Texas and one in Louisiana blanketed the South on...
Over 100 Dead, Dozens Missing in Storm-Ravaged Philippines November 1, 2022 By Jim Gomez MANILA, Philippines (AP) — More than 100 people have died in one of the most destructive storms to lash the...