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".» Read More
SEASIDE PARK, N.J., Oct 29- A year after Superstorm Sandy inundated the East Coast with record flooding that left 159 people dead, residents of the hard-hit New Jersey shore still have a ways to go in rebuilding damaged communities.
LONDON/ AMSTERDAM, Oct 28- Hurricane strength winds battered Britain, the Netherlands and Scandinavia on Monday, killing at least seven people, cutting power and forcing the cancellation of hundreds of flights and train journeys. Gusts of up to 99 mph lashed southern England and Wales in the worst storm recorded in Britain in a decade.
LONDON/ AMSTERDAM, Oct 28- Hurricane strength winds battered Britain and the Netherlands on Monday, killing five people, cutting power and forcing the cancellation of hundreds of flights and train journeys before the storm barrelled further into mainland Europe.
As more severe weather events hit the country, analysts say the U.S. continues to suffer from a lack of preparation to handle them.
BANGKOK, Oct 21- Seventeen factories were temporarily shut on Monday in a major Thai industrial zone dominated by foreign companies, after flood waters blocked nearby roads, a senior official said.
TOKYO, Oct 16- Eight people were killed and over 30 missing, with nearly 20,000 people ordered to evacuate and hundreds of flights cancelled as Typhoon Wipha pummelled the Tokyo region on Wednesday, leaving piles of wreckage on one small island but largely sparing the capital.
TOKYO, Oct 15- A once-in-a-decade typhoon threatened Japan on Tuesday, disrupting travel and shipping and forcing precautions to be taken at the wrecked Fukushima nuclear power plant. The centre of the storm was 860 km southwest of Tokyo at 0800 GMT, the Japan Meteorological Agency said on its website.
TOKYO, Oct 15- A once-in-a-decade typhoon threatened Japan on Tuesday forcing the cancellation of flights and trains and disrupting oil shipments as it made its way across the Pacific directly towards the capital, Tokyo. The centre of the storm was 860 km southwest of Tokyo at 0800 GMT, the Japan Meteorological Agency said on its website.
SYDNEY, Oct 14- Australia can expect an average cyclone season with up to 11 tropical storms, four of them severe, in the next six months, the Bureau of Meteorology forecast said on Monday. Each year, cyclones close shipping lanes and disrupt mining of hundreds of millions of tonnes of iron ore, coal and other commodities in Australia.
*Cyclone Phailin kills at least five so far. ICHAPURAM/BHUBANESWAR, India, Oct 13- A fierce cyclone tore into India's coast, killing at least five people, forcing half a million into shelters and threatening to devastate farmland and fishing hamlets. It was India's strongest cyclone since a typhoon killed 10,000 people in the same region 14 years ago.
MEXICO CITY, Sept 25- Mexico is unlikely to be dragged into recession by severe flooding that has laid waste to large areas of farmland, destroyed homes and killed dozens of people, but the flooding has increased risk, a Reuters poll showed on Wednesday.
Cutbacks on subsidies for flood insurance are causing premiums to rise. Meanwhile, those who have coverage see difficulties in filing claims.
CALGARY, Alberta, Sept 23- The massive floods that devastated swaths of southern Alberta in June are estimated to be the costliest natural disaster in Canadian history, with the Insurance Bureau of Canada pegging the property damage at C $1.7 billion.
NBC News' Joe Fryer reports Colorado is keeping an eye on 10 oil spills, where 2 are considered significant.
ZURICH, Sept 18- Japan's Tokyo- Yokohama region is the riskiest place in the world to do business, in terms of the potential human and economic costs of a possible natural catastrophe, a study found on Wednesday.
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.
MEXICO CITY, Sept 12- A tropical depression in the southern Gulf of Mexico is strengthening, prompting the closure of two top oil export terminals, and could unleash life-threatening flooding, the U.S. National Hurricane Center said on Thursday.