NEW YORK— When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work. But the issue got the attention of a federal judge in New York after a Long Island family uncovered evidence that an engineer who examined their property had...» Read More
The Weather Channel's Tom Niziol provides an update on weather conditions heading into Thanksgiving.
NBC News' Sarah Dallof reports on unpredictable weather conditions and flooding in Buffalo, New York, as the snow melts.
Property and agriculture losses caused by climate change is forecast to increase exponentially in the coming decades, reports USA Today.
Besides losses from the Malaysia Airlines jet downed over Ukraine and the destruction of planes at Tripoli airport, property and casualty insurers saw few big payouts while life insurers reported a healthy rise in sales. Two years ago, insurers paid about $30 billion in claims after Hurricane Sandy battered the United States while floods in central Europe...
JOHANNESBURG, Sept 26- Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa- unique instruments that will enable the world's poorest continent to tap both capital markets and donor funds to bolster its defenses against extreme weather events such as prolonged drought or extreme heat.
WALLOPS ISLAND, Virginia, Sept 4- Missions flown from the NASA base here have documented some of the most dramatic evidence of a warming planet over the past 20 years: the melting of polar ice, a force contributing to a global rise in ocean levels.
NAPA, Calif. Aug 28- During Sunday's 6.0 magnitude earthquake, some $75,000 worth of bottles of wine, rum and whiskey flew off the shelves of Aiyaz Masani's liquor store in Napa, California.
STOCKHOLM, Aug 18- Iceland's Met Office on Monday raised its risk level to the aviation industry for an eruption at its Bardarbunga volcano to orange, which is the fourth level on a five-grade scale.
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.