Warren Buffett’s entry into the bidding for Transatlantic Holdings is drawing fresh attention to the reinsurance industry, which specializes in writing insurance for insurers in a way that frees up those companies to take on more risk. With cheap valuations …
Climate experts say the weather pattern that helped bring record snowfall to the Reno-Lake Tahoe region last winter could return this fall. The U.S. Climate Prediction Center on Thursday issued a La Niña watch, citing conditions indicating a return of …
Firefighters in Southern California have surrounded a blaze that burned nearly 1,000 acres and briefly trapped about 50 drivers when it jumped a freeway. Officials from the Riverside County Fire Department said in a statement Sunday night that the wildfire …
Authorities are warning that more wildfires could be possible across Oklahoma as winds increase from the southwest. The National Weather Service has issued a fire weather watch for Monday that includes 47 counties in western, central and eastern sections of …
A small earthquake has been recorded in Dallas, Texas. A spokesman for the U.S. Geological Survey said the earthquake occurred about 11:45 p.m. Saturday. No injuries were reported. Geophysicist Paul Caruso told The Dallas Morning News that the late-night quake …
New York’s Suffolk County is installing steel cable barriers on two of its highway medians in an effort to prevent deadly crossover crashes. Newsday says the barriers are being erected on the Long Island Expressway and Sunrise Highway. The first …
Despite efforts by many Kansas police departments to improve their policies regarding police chases, Kansas drivers continue to flee when officers try to stop them. The Wichita Eagle reports that the fleeing drivers are causing accidents more than four times …
Officials say Russia is lifting a ban on vegetable imports from five EU countries, imposed in early June to stem an E. coli outbreak. The country’s consumer rights watchdog said in a statement Monday that it would allow the import …
Former IMF chief Dominique Strauss-Kahn sexually assaulted a housekeeper in a “violent and sadistic attack” in his hotel suite in Manhattan in May, a civil lawsuit filed Monday alleges. The lawsuit, which follows criminal charges against the Frenchman, repeats the …
Towering waves from a tropical storm threatened to hit a chemical plant in a Chinese port city, raising fears it might lead to a toxic chemical spill, a Chinese state media report said Monday. Waves as high as 65 feet …