May 18, 2010
President Barack Obama will create a presidential commission to probe the oil spill in the Gulf of Mexico and energy giant BP said Monday it had “turned the corner” in its efforts to contain it. London-based BP Plc said its …
May 18, 2010
Federal experts say a small earthquake struck near the South Carolina coast last week. The U.S. Geological Survey reported the quake occurred about 6 miles south southeast of Summerville shortly after 5 a.m. Wednesday. It had a magnitude of 2.8 …
May 18, 2010
BP’s oil spill could make for one of the highest-stakes U.S. Gulf hurricane seasons on record. Storms may scuttle clean-up efforts, force containment vessels to retreat, or propel spilled crude and tar balls over vast expanses of sea and beach, …
May 17, 2010
America is emerging from a deep recession caused by financial messes on Wall Street, but Dr. J. David Rogers says the Federal Reserve is still being bankrupted by natural disasters. “The National Flood Insurance Program was bankrupted by Katrina and …
May 17, 2010
Energy giant BP reported a limited success at containing the oil that is gushing unabated into the Gulf of Mexico Sunday but a skeptical U.S. government said it was “not a solution.” Reports of huge oil plumes in the Gulf, …
May 17, 2010
Gov. Haley Barbour on Friday rejected a proposal to put a $20 million subsidy into a wind pool insurance fund. To do so, Barbour vetoed part of the state Department of Insurance budget. He said the $20 million is part …
May 17, 2010
After significant catastrophe losses in first quarter 2010, U.S. property/casualty insurers and global reinsurers are hoping their balance sheets don’t face further financial risks, even as conditions appear ripe for the upcoming hurricane season to be potentially as active as …
May 17, 2010
The U.S. Army Corps of Engineers has raised its 100-year flood estimate for the Red River in Fargo and neighboring Moorhead, Minn. The change raises the previous estimate about a foot to 42.6 feet. The new estimate was based on …
May 14, 2010
The seven elderly guests on stage at Island Christian Church were just kids 75 years ago when a Category 5 hurricane barreled into their homes in the Upper Florida Keys, leaving a trail of destruction and death. A packed crowd …
May 14, 2010
The five-category system that describes a hurricane’s strength and the havoc its winds could bring to the U.S. has been updated for the 2010 storm season. Gone from the Saffir-Simpson Hurricane Wind Scale are estimates for storm surge and inland …