BEIJING— The death toll from the strongest typhoon to hit China's south in decades was raised to 46 on Tuesday, increasing the overall toll to 151 people dead in three countries just before a second storm approaches land.» Read More
*Africa launches its first sovereign risk insurance pool. *Climate change seen major risk to Africa. On May 1, Africa launched its first sovereign risk pool insurance scheme, marking a major policy shift in the way climatic events such as droughts, and from next year floods, will be tackled by the world's poorest continent.
LONDON, May 15- British energy network operator National Grid will spend more money on its U.S. business in coming years to help protect its cables and pipelines against heavy storms, it said on Thursday.
BOSTON, March 16- Bargain store chains are flooding into North American malls and shopping centers like never before, upstaging old mainstays like J.C. Penney and Sears that are reeling from the one-two punch of an ailing economy and competition from online stores.
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.
*Q4 operating profit C $1.05 per share vs est C $1.26. TORONTO, Feb 5- Intact Financial Corp, Canada's largest property and casualty insurer, reported a larger-than-expected drop in fourth-quarter profit as a winter ice storm hurt underwriting results.
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.