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A Weaker Hurricane Florence Is Good News for Insurers Too

The potential insured damage caused by the storm was scaled back from as high as $20 billion to a range of $1 billion to $5 billion.....»»

Category: topSource: barronsSep 14th, 2018

California utility posts nearly $1 billion fire-related loss

Utility giant Pacific Gas & Electric on Thursday reported a nearly $1 billion loss for the second quarter of 2018 due to clean-up, repair and legal costs related to wildfires that raged across Northern California last fall......»»

Category: topSource: foxnewsJul 26th, 2018

States Where Wildfires Caused the Most Damage

The 2018 wildfire season has begun in devastating fashion, and 61 major fires burn uncontained across 12 states. over 760,000 acres — roughly the size of the entire state of Rhode Island........»»

Category: blogSource: 247wallstJul 5th, 2018

This $2.5 Billion Wildfire Charge May Be Just the Beginning for California Utilities

The parent of California’s largest investor-owned utility plans to take a $2.5 billion charge related to a spate of deadly wildfires that swept the northern part of the state last October......»»

Category: smallbizSource: wsjJun 21st, 2018

PG&E shares fall as California links utility company to wildfires

State officials said the fires in question “were caused by electric power and distribution lines, conductors and the failure of power polls.”.....»»

Category: topSource: foxnewsJun 11th, 2018

The 12 deadly California wildfires last fall were reportedly caused by downed power lines

REUTERS/Gene Blevins The 12 Northern California wildfires last fall, including two that killed a total of 15 people, were caused by downed power lines. A government.....»»

Category: topSource: businessinsiderJun 8th, 2018

California is due for a mega-flood that could force 1.5 million people to evacuate and cause $725 billion in damage — and it would hit Silicon Valley hard

Getty Images A report from the US Geological Survey and a new book from Lucy Jones, an esteemed seismologist, say that an extreme storm could h.....»»

Category: topSource: businessinsiderMay 5th, 2018

Morning Softs Report 09/18/18

COTTON General Comments: Cotton was lower as Hurricane Florence hit the Carolinas. The hurricane was losing force, but still caused significant damage due in [...].....»»

Category: optionsSource: insidefutures3 hr. 8 min. ago

These 14 states could see "extremely significant damage" from Trump"s trade wars

Getty Images/Pool President Donald Trump announced tariffs on $200 billion worth of Chinese imports Monday, .....»»

Category: topSource: businessinsider3 hr. 53 min. ago

A Search for Survivors as Storm Cleanup Begins

Rescue workers dug through mud and debris in the Philippines, seeking survivors from a typhoon that also caused widespread damage in Hong Kong and China’s coast......»»

Category: topSource: wsj18 hr. 53 min. ago

Search for Survivors Continues as Typhoon Cleanup Begins

Rescue workers dug through mud and debris in the Philippines, seeking survivors from a typhoon that also caused widespread damage in Hong Kong and China’s coast......»»

Category: topSource: wsjSep 17th, 2018

Hurricane Florence could have $15 billion price tag

Before Hurricane Florence made landfall, there were estimates that it could cause over $100 billion in damage, which would make it among the most costly hurricanes in history. .....»»

Category: topSource: moneycentralSep 16th, 2018

Hurricane Florence Could Have $15 Billion Price Tag

Before Hurricane Florence made landfall, there were estimates that it could cause over $100 billion in damage, which would make it among the most costly hurricanes in history. It was a Category 4........»»

Category: blogSource: 247wallstSep 16th, 2018

Economic Preview: Vibrant U.S. economy should weather Hurricane Florence with just a blip

The damage caused by hurricane Florence could muddy the picture on the economy in the next month or two, but make no mistake: The U.S. is still growing rapidly and little is standing in its way......»»

Category: topSource: marketwatchSep 16th, 2018

Deadly Florence Threatens Up to $18 Billion in Damage

“We face walls.....»»

Category: europeSource: fortuneSep 15th, 2018

Florence May Be Costliest Storm In US History At $170 Billion In Damage

Florence May Be Costliest Storm In US History At $170 Billion In Damage.....»»

Category: blogSource: zerohedgeSep 15th, 2018

At Least 5 Dead as Florence Threatens Up to $20 Billion in Damage

More than 791,000 customers in North Carolina are without power. Florence weakened to a tropical storm, trudging through the Carolinas at 5 miles per hour as it unloaded pelting rain and floods that killed at least .....»»

Category: europeSource: fortuneSep 15th, 2018

Florence could cause $5 billion in property damage

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

Category: topSource: moneycentralSep 14th, 2018

Florence could cause $5 billion in property damage

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

Category: topSource: moneycentralSep 14th, 2018

Florence has potential to cause $5 billion in property damage

As hurricane Florence barrels through the Carolinas, billions of dollars in real estate are at risk of damage or destruction......»»

Category: topSource: moneycentralSep 14th, 2018