RMS' estimations include property damage and business interruption in residential, commercial, industrial and automobile businesses while factoring in post-event loss amplification. » Read More
By: John Bacon
Ten days after Hurricane Florence roared onto land along the coastal Carolinas, hundreds of roads remain closed, thousands of residents remain out of their homes or under evacuation watches, and hundreds are still being rescued, USA Today reports. » Read More
Floodwaters topped a dike at Sutton Lake which led to breaches at the lake's south end, causing it to flow back into the river. Coal ash may have flowed into the Cape Fear River, raising fears of possible contamination. » Read More
A Duke Energy dam containing a lake in North Carolina is breached, possibly causing coal ash to flow into the nearby Cape Fear River, the company says.
You can live the laidback tropical lifestyle of beachfront retirement with no worries about the need for expensive hurricane insurance, according to International Living.
Chi Shing Ho of the Hong Kong Quality Assurance Agency discusses how his organization helps green bond issuers build "credibility."
CNBC’s Seema Mody reports from Kinston, North Carolina, on the aftermath of Hurricane Florence and what it means for insurance claims and recovery efforts.
Puerto Rico's population has been shrinking for the last decade due to its fiscal crisis. A year after Hurricane Maria, the exodus is a growing problem for the island.
As Puerto Rico approaches the one-year anniversary of the storm's landfall, Torres and others brace for a new adversary: developers emboldened by Maria's destruction and out to reshape neighborhoods.
Petra Nemcova, co-founder and vice chair of All Hands and Hears Smart Response, and Howard Sherman, CEO of Good 360, discuss how their organizations help those who have been affected by natural disasters.
CNBC's Seema Mody reports on the damage and recovery effort after Hurricane Florence.
North Carolina's poultry sector suffered the loss of at least 3.4 million chickens and turkeys as a result of Hurricane Florence, and swine losses are now estimated to be about 5,500 hogs, according to the state's agriculture agency.
The hurricane has claimed at least 32 lives, officials said, including 25 in North Carolina. Some measures of the storm's damage estimate $2.5 billion in total insured losses alone.
Despite the wide path of devastation left by Hurricane Florence, its effect on the U.S. economy is likely to be modest. USAToday reports.
CNBC's Contessa Brewer reports from Lumberton, North Carolina on the flooding that continues to threaten areas hit by Hurricane Florence and how the community is rebuilding.
Paul Chan says while the impact of the trade war on Hong Kong's economy is manageable, companies in certain sectors could be hit hard by the ongoing spat between the U.S. and China.
Casino operators managed to escape relatively unscathed, says Grant Govertsen, managing director and head of Asia equity research at Union Gaming Group.
Florence has weakened, but the worst may be yet to come, former FEMA Southeast director John Copenhaver says.
John Copenhaver, former FEMA director for the Southeast, discusses the ongoing dangers in the aftermath of Hurricane Florence as flooding continues to hamper recovery efforts.