"Investors and certified analysts are trying to figure out how much underlying margins will shrink, going forward," Amit Kumar, an analyst at Macquarie Research, told Reuters. Insurers have also been hit by claims stemming from hail storms in Texas, earthquakes in Japan and Ecuador and floods in Europe during the quarter. Pre-tax catastrophe losses, net of... » Read More
NBC's Jennifer Bjorklund reports Tropical Storm Iselle made landfall in Hawaii with up to 11 inches of rain, and the islands are under flash flood warnings.
The Weather Channel Jim Cantore reports from Hilo, Hawaii, where residents are bracing for two rare hurricanes.
A broken water main on Sunset Boulevard sent millions of gallons of water gushing through the UCLA campus on Tuesday.
Severe U.K. winter floods and storms will cost insurers around £1.2 billion ($2.0 billion), but the hit to the sector's earnings could be "limited".
NBC News Investigative Reporter Bill Dedman talks about how FEMA's flood zone changes are causing insurance premium hikes.
Heavy storms that have flooded around 6,000 U.K. homes could knock more than 1 percent off economic growth, a U.K. economist told CNBC on Monday.
Nick Dixon, an ITV reporter, talks to a family affected by the severe U.K. flooding. The family say they are "devastated".
Richard Holt, regional economist at Capital Economics, discusses the economic impact of the severe floods that have hit the U.K.
Jeremy Haynes, insurance partner at Deloitte, says that if the flooding in the U.K. continues, the costs to insurers could surpass $1 billion.
A law that was designed to curb deficits in the national flood insurance program is now the target of repeals.
As more severe weather events hit the country, analysts say the U.S. continues to suffer from a lack of preparation to handle them.
Cutbacks on subsidies for flood insurance are causing premiums to rise. Meanwhile, those who have coverage see difficulties in filing claims.
NBC News' Joe Fryer reports Colorado is keeping an eye on 10 oil spills, where 2 are considered significant.
Nearly a year after Super Storm Sandy hit the Jersey Shore, a fire has blazed through dozens of businesses on the Seaside Park boardwalk. CNBC's Scott Cohn has the latest. And NBC's Leanne Gregg reports from Boulder, Colorado, after 3 days of extremely heavy rain and floods killed at least 3 people.
CNBC's Scott Cohn reports on the fire that destroyed the Seaside Park boardwalk, hitting an area recovering from Super Storm Sandy. Also, 3 days of heavy rain have triggered flooding in Colorado, killing at least 3 people. NBC's Leanne Gregg has the details.
Days of heavy rain are triggering serious flash floods in the northern part of the Centennial State, reports NBC's Leanne Gregg.
Colorado residents were told to move to higher ground today, as flash flooding continued to devastate the area around Boulder. Unfortunately, forecasters don't expect the floods to let up any time soon. NBC's Jay Gray reports.
Tiger Woods reportedly started noticing doors scraping the floors, and cracks in walls at his home in Jupiter Island, Florida. CNBC's Sue Herera reports.
Major flooding hit Colorado, Virginia and Pennsylvania in the U.S. yesterday, and China saw its worst flooding in 50 years in the southwestern part of the country.
The Weather Channel's Carl Parker tracks wild weather working its way through the Midwest and bringing with it heavy winds, hail, floods and gusty winds.