NBC's Jay Gray reports the latest developments on devastating tornadoes striking the Midwest.» Read More
AMR cancels hundreds of American Airlines and American Eagle flights in and out of the Dallas-Fort Worth International Airport after the region was hit by tornadoes, hail and thunderstorms, according to reports.
NBC station KXAS in Fort Worth, Texas, shows dramatic ground-level video from one of its storm watchers as a tornado touches down in Kennedale, Texas.
Bryan Norcross, The Weather Channel reports on the large tornado hitting Johnson County, TX and other storm developments underway.
CNBC's Bertha Coombs reports GOP presidential candidate, Rick Santorum says he might not be a better businessman, but he'll make a better president; the Midwest is still reeling from deadly tornadoes; and AT&T says it is capping its data plans on 3G and 4G smartphones, and will now charge penalities to data hogs.
A powerful storm system that produced multiple reports of tornadoes lashed the Midwest early Wednesday, roughing up the country music resort city of Branson and laying waste to small towns in Illinois and Kansas. At least 13 people were killed.
Hurricane Irene was the 'Perfect Storm' for insurers in a different sense of the cliche. The weakened storm that spared New York city from major damage gave the wealthy and rarely hit Northeast enough of a scare because of ominous weather forecasts leading up the storm that property insurers will be able to raise pricing even more next year, according to a Morgan Stanley analyst.
The Weather Channel's Nick Walker has latest on Hurricane Irene, expected to hit the Northeast this weekend.
See average annual homeowners insurance premiums in these states, as well as average windstorm insurance premiums from the least expensive to the most expensive.
Six years after Hurricane Katrina and countless subsequent disasters many are still questioning the effectiveness of the Federal Emergency Management Agency .
Insurers call windstorm coverage — including hurricanes, tornadoes, and hail — the "market of last resort," which comes with its own special rates applied to areas most prone to disaster.
This year has already been a record one for storm damage, with more severe weather of all kinds.
To what degree a catastrophic event might be caused by climate change is impossible to measure at this stage, so global warming isn’t being directly priced into insurance premiums.
Tornadoes ravage the midwest, hedge fund big-wigs talk their books and AIG's secondary offering makes the grade. Here's what we're watching…
It's been a stormy year for U.S. property insurers, and hurricane season hasn't even started yet. But shares of these companies could be jumping if a bad year in weather prompts premium increases.
CNBC's Mary Thompson has the story on what the devastating weather means for insurance companies, with Mike Bettes, The Weather Channel.
CNBC's Jane Wells reporting on the human and economic toll, following the deadliest outbreak of tornadoes in decades.
2011 has been a difficult year for those in the South and Midwest United States. Following are a collection of images that show the destruction created from the tornadoes this year.