The number of people in the Northeastern United States who suffered water damage from Hurricane Irene is more than double the number who suffered wind damage, an Ipsos/Reuters poll showed Thursday. Yet two weeks after the storm struck, only 6 …
Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker also offered an array of advice for …
A group of business owners in the Vermont town of Wilmington, devastated by Tropical Storm Irene, are going to raise recovery money with an event they’re calling “floodstock.” On Friday and Saturday eight bands from three states will participate in …
The Democratic-led Senate Thursday sent the House a measure to fund disaster aid by twice as much as the House wants to spend — laying the groundwork for another political showdown. The Senate voted 62-37 to approve $6.9 billion to …
The state agency overseeing North Carolina’s response to Hurricane Irene estimates the price tag on helping individuals and governments recover from Hurricane Irene so far at about $125 million. The Division of Emergency Management provided the total to senators Wednesday …
Allstate Corp. lost $500 million on Hurricane Irene, the largest publicly traded home and auto insurer in the United States said Thursday, much less than it lost from tornadoes earlier this year. In total, Allstate said its July and August …
Hurricane Irene caused between $2.5 billion and $5.5 billion in insured losses in the United States and the Caribbean, excluding flood claims that fall under federal insurance programs, catastrophe modeling company RMS said Monday. RMS’s estimate falls roughly between those …
U.S. Republicans and Democrats in Congress moved to quickly approve disaster aid Monday but remained at odds over the amount of money needed to help victims of floods, tornadoes and hurricanes. With the Federal Emergency Management Agency’s disaster-relief fund running …
Insurer Hartford Financial Services Group warned Monday that its third-quarter catastrophe losses would be substantially higher than a year earlier, mostly as a result of last month’s Hurricane Irene. The Hartford, in a slide presentation for a Barclays Capital conference, …
The White House estimated this week that Hurricane Irene will cost federal taxpayers $1.5 billion in disaster relief, further ballooning a government account that was already the focus of fresh partisan friction between President Barack Obama and Congress. The preliminary …
