Insurance companies are facing a sharp increase in reinsurance prices

Insurance companies are facing a sharp increase in reinsurance prices

Hurricane season is almost over, although another storm is potentially headed for Florida. For insurance companies, the worries do not end on November 30. The insurance companies are in the middle of negotiations with reinsurers who are trying to raise interest rates by 10% to 30%. Almost two-thirds of US property catastrophe coverage is renewed … Read more

Voting rights advocates report a smooth start to Election Day voting across the United States

Voting rights advocates report a smooth start to Election Day voting across the United States

CNN — Americans went to the polls Tuesday in an election that has state and local officials across the country on edge as they brace for potential trouble at the polls, contentious legal battles over ballots and misinformation about the vote itself. More than 45 million pre-election ballots were cast in 47 states, and officials … Read more

Deadly tornadoes hit Texas and Oklahoma, flattening buildings

Deadly tornadoes hit Texas and Oklahoma, flattening buildings

IDABEL, Okla. (AP) – Residents in southeast Oklahoma and northeast Texas began assessing weather damage Saturday, working to recover and thankful for survival after a storm that stretched from Dallas to northwest Arkansas spawned tornadoes and caused flash flooding, that killed at least two people, injuring others and leaving homes and buildings in ruins. Oklahoma … Read more

Her home destroyed by Hurricane Katrina, she found her ‘zen’ 150 miles away

Her home destroyed by Hurricane Katrina, she found her ‘zen’ 150 miles away

After two decades of grueling personal hardships and natural disasters, Renee Brown finally found a peaceful haven for her little family. Now on a large, old estate she bought 150 miles from her native New Orleans, she’s expanding her business to develop natural products and reconnect with her family’s history. Mrs Brown, 43, started by … Read more

Glaciers at Yellowstone and Yosemite National Park on track to disappear in next 30 years, report says

Glaciers at Yellowstone and Yosemite National Park on track to disappear in next 30 years, report says

CNN — The climate crisis affects almost all regions of the world. But perhaps one of the most visible indicators of its impact is its effect on Earth’s iconic glaciers, a major source of fresh water supply. Glaciers have been melting at a breakneck pace in recent decades, accounting for about 20% of global sea … Read more

London weather: The capital hit by flash floods during torrential downpours

London weather: The capital hit by flash floods during torrential downpours

L ondon has been hit by flooding on Thursday morning as Storm Claudio brings heavy rain and thunderstorms to the capital. Flood warnings have been issued by the Met Office and Environment Agency across England, including in west London near Ruislip, Wembley and Harrow, and in north London near Waltham and Cheshunt. A yellow warning … Read more

Hong Kong hails reopening to Wall Street despite Covid controversies, typhoon

Hong Kong hails reopening to Wall Street despite Covid controversies, typhoon

Hong Kong’s attempt to welcome back global investors with a flagship summit was overshadowed by the controversial handling of a top local official’s Covid-19 test result, a typhoon and a lack of debate on how coronavirus restrictions have dented investor confidence in both Hong Kong and Hong Kong. mainland China. Some of Wall Street’s top … Read more

How Congress and Business Can Help Stop Inflation

How Congress and Business Can Help Stop Inflation

Americans look to the nation’s most powerful bank, the Federal Reserve, to fight inflation. “I think our biggest problem, at least for the foreseeable future, is high inflation,” Mark Zandi, chief economist at Moody’s Analytics, told CNBC. The Fed can raise interest rates to slow inflation, which ultimately makes the cost of borrowing higher for … Read more

After Hurricane Ian left Cuba in the dark, protesters took to the streets

After Hurricane Ian left Cuba in the dark, protesters took to the streets

CNN — Protesters in Cuba who have taken to the streets after Hurricane Ian damaged the island’s already shaky power grid may face criminal charges, Cuba’s attorney general’s office said Saturday. In a memo published in the island’s Communist Party newspaper, Granma, prosecutors said they were investigating cases of arson and vandalism of state property, … Read more