FRANKFURT (Reuters) – Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, tallied by the German reinsurer … Read More
The year has already seen many extremes, from California’s and Colorado’s largest wildfires to a tropical cyclone boom. Smoke hangs low in the air along Highway 236 in Boulder Creek, Calif., on August 22, 2020. The CZU Lightning Complex fires decimated … Read More
“The climate crisis is real and has an impact,” the San Francisco Democrat says. There’s a message in the raging wildfires that have scorched her home state of California as well as neighboring states, according to House Speaker Nancy Pelosi. “Mother Earth is angry,” the … Read More
Abnormally warm sea temperatures are raising the risks for hurricanes, while the central and southeastern U.S. face flooding, and parts of the West are forecast to see heightened wildfire activity. Sea surface temperatures in the North Atlantic and the Gulf … Read More
Hurricanes Harvey, Irma and Maria combined with devastating Western wildfires and other natural catastrophes to make 2017 the most expensive year on record for disasters in the United States, the National Oceanic and Atmospheric Administration reported Monday. The disasters caused $306 billion in … Read More
Insurers will have to pay claims of around $135 billion for 2017, a new report shows Insurers will have to pay claims of around $135 billion for 2017, the most ever, following a spate of hurricanes, earthquakes and fires in … Read More
When the month began, a confluence of hurricanes, floods, earthquakes, wildfires and a brewing international nuclear confrontation already had some Americans thinking about End Times. Then Las Vegas, the nation’s playground, witnessed the worst mass shooting in U.S. history — … Read More
Hurricane Maria could cost Puerto Rico $45 billion to $95 billion in damage — a devastating blow to the island’s already ailing economy. The high end of the range, released Thursday by Moody’s Analytics, represents almost an entire year’s economic … Read More