For a president locked in a tough re-election fight, it may look like political gold: a settlement between the U.S. Justice Department and BP Plc over the Gulf of Mexico oil spill that could send billions of dollars to Florida, …
With Hurricane Sandy expected to make landfall Monday night or early Tuesday, likely in New Jersey, one insurance executive is forecasting industrywide insured losses of up to mid-single digit billions of dollars. But this particular hurricane has several unusual features …
Hurricane Sandy is charging up the East Coast as a cold front is tearing across the U.S. from the west and an arctic blast is barreling down from the north. The resulting “Frankenstorm” could cause gale-force winds, heavy rains and …
Tens of millions of East Coast residents scrambled on Sunday to prepare for Hurricane Sandy, which could make landfall as the largest storm to hit the United States, bringing battering winds, flooding and even heavy snow. The massive storm, which …
British Airways cancelled all flights to New York on Sunday and will suspend most services to and from the U.S. East Coast on Monday as the United States braces for the arrival of Hurricane Sandy. The freak storm, due to …
A powerful M7.7 earthquake struck British Columbia’s north-central coast on Saturday, Oct. 27, with shaking felts far away as Edmonton and Yukon. The United States Geological Survey said that the earthquake, which struck at a depth of 17.5 kilometers, occurred …
U.S. stock exchanges and Wall Street banks are sending employees into Manhattan on Sunday to stay in hotels and coworkers’ homes, as markets prepare to open for business on Monday even as Hurricane Sandy brings public transportation to a halt. …
Insurers say they are making the usual preparations for a hurricane – activating claims teams, staging adjusters near the locations most likely to be affected and generally getting ready to pay for a potentially huge volume of losses. “We plan …
Authorities shut transit systems and ordered some evacuations as tens of millions of people on the East Coast braced on Sunday for Hurricane Sandy, a gigantic storm forecast to deliver battering winds, dangerous flooding and even heavy snowfall. Sandy, expected …
Former insurance agent James Henry Sim, 66, of San Diego, Calif. was sentenced to a stayed term of four years and four months in state prison, the California Department of Insurance announced on Friday. Sims was taken into custody and …
