If you think you heard a lot about climate change in 2015, wait till next year – or next week depending on how you want to look at it. Next year may be on track to the be warmest year …
In Buffalo, it hasn’t snowed yet this year. A Duluth, Minnesota, newspaper reported that the temperature was 40 degrees above zero, not below. And in Miami, beachgoers are staying indoors during what’s already the third-wettest December in local history. What’s …
The planet is halfway to dangerous levels of global warming, with the average temperature for 2015 set to eclipse last year’s record, the United Nations said. This year’s average temperature will be “approximately” 1 degree Celsius (1.8 degrees Fahrenheit) above …
El Niño is the Earth’s hot, exhaling breath. At least, that’s one way of thinking about it. The blast of heat from deep within the Pacific Ocean will do more in 2015 than just disrupt weather worldwide. It will push …
The El Niño weather pattern, a phenomenon associated with extreme droughts, storms and floods, is expected to strengthen before the end of the year and become one of the strongest on record, the U.N. weather agency said on Monday. The …
Global catastrophe losses in October are expected to top $10 billion, according to a report from Impact Forecasting, Aon Benfield’s catastrophe model development unit. A record 22 global tropical cyclones have now developed in the Northern Hemisphere during 2015, said …
Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard & Poor’s said. S&P cut its …
There’s little question that the drought and the recent wildfire season that it unleashed pushed more California homeowners into the surplus lines market. Now with the onset of what appears to be a strong El Niño this week in the …
Mexico’s natural disaster fund may be $100 million better off at bondholders’ expense after Hurricane Patricia appeared to trigger a catastrophe bond the country sold in 2012. Investors in those notes maturing Dec. 4. are waiting for a verdict on …
Across eastern Texas, parts of Louisiana and Mississippi the land went from moist to parched in a matter of weeks. Drought, which had been eradicated in Texas last spring, returned and spread across the South, reaching as far as the …
