Pakistan News

Nations Meet on Climate Cash Contributions; UN Sees Long Haul

About 45 nations met on Thursday to seek ways to raise billions of dollars in aid to help the poor combat climate change as the United Nations warned them of a long haul to slow global warming. Environment ministers and …

Aon Monthly Cat Recap Highlights Asia Floods, Atlantic Storms

Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25 million homes, a massive landslide in China …

Extreme Weather Seen Unlikely to Help Climate Talks

Extreme weather in 2010 will spur more strident calls for action to combat global warming but is unlikely to break a deadlock at U.N. climate talks about sharing the burden between rich and poor. Islamabad, for instance, has blamed mankind’s …

UN Chief Appeals for Aid in Flood Ravaged Pakistan; U.S. Sends Help

U.N. Secretary-General Ban Ki-moon urged the world to provide more aid to flood-ravaged Pakistan on Sunday as the 20 million people made homeless grew increasingly desperate and new torrents inundated villages. Survivors fought over food being handed out from a …

Weather Experts Discuss Why Insurers, Others Need Better Warning Systems

Asia’s heavy monsoons, a record heatwave in Russia and severe droughts in Africa show the need for new yardsticks to rate extreme weather to guide everybody from road builders to insurance companies, a U.N. expert said on Friday. Scales exist …

Louisiana Targets Companies Marketing Bogus Health Insurance Plans

Louisiana Department of Insurance Fraud Section investigators have served the American Trade Association, its 13 companion companies and 14 personnel with cease and desist orders, for selling unauthorized insurance in Louisiana. The companies are said to have fraudulently marketed “medical …

Pakistan Floods, Russia Heat Fit Climate Trend, Scientists Say

Devastating floods in Pakistan and Russia’s heatwave match predictions of extremes caused by global warming even though it is impossible to blame mankind for single severe weather events, scientists say. This year is on track to be the warmest since …

July’s Catastrophes Cause Widespread Losses Globally: Aon Benfield

Floods in Pakistan and China have taken thousands of lives and damaged hundreds of thousands of homes, according to a new report on catastrophic events in July by a reinsurance team. A European heatwave, wildfires in Russia and heavy rains …

Many Feared Dead in Pakistan Plane Crash

An Airbus A321 plane with over 150 passengers and crew crashed shortly before its scheduled arrival in Pakistan’s capital Islamabad early this morning. Rescue workers attempting to reach the downed plane were reportedly using helicopters, as the crash site in …

New BP CEO Dudley: Gulf Disaster a ‘Wake Up’ Call to Prioritize Safety

BP Plc’s newly named chief executive Tuesday called the Gulf oil spill a “wake-up call” for the entire industry as the company tallied up its losses and disclosed two U.S. investigations. Bob Dudley, who will replace gaffe-prone Tony Hayward as …