*Q2 oper earnings $1.93/ shr vs. est $2.07. July 22- Property and casualty insurer Travelers Cos Inc reported a steeper-than-expected fall in quarterly operating profit, hurt by bigger catastrophe losses and a slowing pace of premium rate increases.» Read More
CNBC's Courtney Reagan has the details on the storm damage; CNBC's Bob Pisani reports that the flooding in downtown Manhattan is not so bad and some form of trading will be likely tomorrow due to all systems being fully operational.
CNBC's Brian Shactman takes a look at the Tweets from businesses and government, and Scott Nations, NationShares says the flooding in lower Manhattan was less than expected so the broad markets will likely be open tomorrow morning.
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.