The Joplin tornado, late on a Sunday afternoon, damaged more than 8,000 homes and other buildings. About 82 percent of Joplin homes do not have basements because of soil conditions.» Read More
Paul Walsh, The Weather Channel meteorologist shares retail losses due to the storm, and Jim Cantore, The Weather Channel, takes a look at downtown Manhattan, while Delaware governor Jack Markell shares how his state fared during the storm.
The storm will weigh heavily on oil and gasoline prices, says Stephen Schork, The Schork Report, and Robert Hartwig, Insurance Information Institute tells CNBC that the damages will most likely be estimated in multi-millions of dollars.
CNBC's Courtney Reagan has the story on Hurricane Irene being downgraded to a tropical storm, and the damage the hurricane has brought along the East Coast; CNBC's Bob Pisani has a look at the Financial District facing flooding raising questions as to whether the stock exchanges will be open tomorrow. CNBC's Darren Rovell surveys the damages to businesses on Mantauk, NY, and insight on consumption during the storm, with Paul Walsh, meteorologist. Finally, JetBlue CEO Dave Barger explains when the airline will return to service after thousands of flights have been canceled.
CNBC's Phil LeBeau takes a look at the flights flying around the New York tri-state region, reporting that thousands of flights have been canceled. The storm has had rippled affects in the travel industry. Robert Crandall, former AMR chairman/CEO, weighs in on how the airline industry prepares for storms, and CNBC's Mary Thompson has the story on Cape Cod's precautions for storm damage.
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.
Discussing how to plan, if weather-related disasters happen, with Michael Hicks, Ball State University; Addison Armstrong,Tradition Energy, Scott Bernhardt, Planalytics, and CNBC's Mary Thompson.
CNBC's Jane Wells reports on the unusual weather sweeping the globe.
A lethal tornado left 4 dead as it swept through Springfield, MA on Wednesday.
Jeff Hodgson, Chicago Weather Brokerage, discusses how to make money off of the slew of natural disasters.
The day's non-business news, including extraordinary video footage of the tornadoes that tore across Oklahoma yesterday.
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…
NBC's Jay Gray with the latest details from Joplin, Missouri, after a massive tornado virtually destroyed the town.
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.
NBC's Jay Gray reports on the latest search for survivors after the deadly tornado in Joplin, Missouri.
CNBC's Mary Thompson has the story on what the devastating weather means for insurance companies, with Mike Bettes, The Weather Channel.