The Bank That’s Trying to Get Ahead of the Weather

[ad_1] Supercharged storms are bad for lending. Alabama-based Regions Financial is figuring out how to get ready. [ad_2] Source link

Mexico Raises Hurricane Otis Death Toll to 39

[ad_1] MEXICO CITY—At least 39 people were killed and another 10 are reported missing after Hurricane Otis rammed into Mexico’s Pacific coast, bringing devastation to the popular beach resort of…

Hong Kong Shares to Resume Trading in Afternoon — Update

[ad_1] Hong Kong trading will begin at 2 p.m. local time following the cancellation of a typhoon alert and a black rainstorm warning. [ad_2] Source link

Typhoon Koinu heads toward southern China, Hong Kong; 1 dead in Taiwan

[ad_1] A typhoon headed toward southern China and Hong Kong on Friday after bringing record-breaking winds and leaving one dead in Taiwan. Typhoon Koinu was weakening as it headed west…

Investors’ Bets on Mother Nature Are Paying Off Big

[ad_1] Thanks to turmoil in the insurance market and a repricing of risk, catastrophe bonds are earning more while covering more remote events. [ad_2] Source link

Tropical Storm Ophelia Treks Up East Coast

[ad_1] Winds and rain cause travel delays and warnings of floods and heavy rain from North Carolina to southern New England. [ad_2] Source link

There Is a Simple Way to Lower Your Home-Insurance Bill. It Is Also a Risk.

[ad_1] Higher deductibles can lower insurance premiums—but they are a gamble. [ad_2] Source link

Hurricane Lee Set to Make Landfall in Atlantic Canada on Saturday

[ad_1] Listen to article (1 minute) Hurricane Lee was churning toward New England and Atlantic Canada as a Category 1 storm and is expected to make landfall in Canada this…

Hurricane Lee Packs Wide Punch Across East Coast

[ad_1] New England and Canada are expected to feel the brunt of the storm surge and waves. [ad_2] Source link