Lloyd’s of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that’s battering Houston, the epicenter of the U.S. oil industry. The storm, which which made landfall as a category 4 hurricane and then drifted …
With Hurricane Harvey threatening the Texas coastline, A.M. Best said it has begun to assess the potential financial impact this event may have on the U.S. property/casualty (P/C) industry. The most recent track of Harvey has the storm path running …
Brock Long knew it was just a matter of time. “We’ve gone 11 years without a major hurricane land-falling in the U.S.—that’s a one-in-2,000 chance,” said Long, President Donald Trump’s administrator of the Federal Emergency Management Agency, in an interview …
Harvey, which could strengthen into the first hurricane to strike Texas since 2008, forced workers off Gulf of Mexico platforms, sent cotton rallying and has airlines preparing for flight disruptions. Tropical Storm Harvey, which has shut oil and natural gas …
Severe Typhoon Hato made landfall in China after it lashed Hong Kong with heavy winds and rain, forcing the city to issue the highest storm warning and its stock exchange to cancel trading for the day. The Hong Kong Observatory …
Hong Kong was preparing to shutter businesses as Typhoon Hato drew closer to the city, with Cathay Pacific Airways Ltd. scrapping flights and the local observatory warning it may raise the third-highest storm signal at midnight local time. The tropical …
This is it, the days surfer Blue Spivey looks forward to all winter. The days he can go online and watch those big, long swells rolling across the Atlantic Ocean like they do all year out in California. You’ve got …
Not one, but three potential storms threaten to usher in the busiest phase of the Atlantic hurricane season later this month, courtesy of warm ocean temperatures. The season — which runs from June to November — has already seen above-average …
Tropical Storm Franklin made landfall as a Category 1 hurricane in eastern Mexico during Wednesday night with estimated maximum winds of 85 mph, according to a report issued by Weather Underground. Over the Bay of Campeche, the storm became the …
Tropical Storm Franklin will exit Mexico’s Yucatan Peninsula later today and continue moving toward the southwest Gulf of Mexico or the Bay of Campeche coast on early Thursday, possibly becoming the Atlantic Basin’s first hurricane of the season, according to …
