The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely have been absent from investors’ models, …
Mark Twain purportedly said, “Everybody talks about the weather, but nobody does anything about it.” An electronics engineer who moved to the Dallas area from Chicago decided that he had to do something about Texas’ stormy weather after both his …
YARMOUTH, Mass. — High winds and one radar-confirmed tornado ripped off a hotel roof, downed trees that blocked roads, and knocked out power to thousands on Cape Cod on Tuesday during the peak of tourist season. A tornado struck Yarmouth …
NEW YORK — It’s been 38 years since a man named Ken Rex McElroy was shot to death by an angry crowd in the dusty farming community of Skidmore, Missouri. And for 38 years, the case has remained unsolved. McElroy …
SAN FRANCISCO — Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy. The insurers filed court documents Tuesday to …
Europe’s latest summer heatwave broke heat records just weeks after the continent recorded its hottest ever June, fueling concern that a shifting climate is making extreme weather events more frequent. Germany probably set a new all-time temperature record of 106.7 …
Johnson & Johnson, seeking to head off claims by thousands of women that its iconic Baby Powder caused their cancer, took aim at some of the science cited in lawsuits alleging the company’s talc-based products were tainted in the past …
U.S. air crash investigators, who are assisting in probes of two fatal crashes of Boeing Co.’s grounded 737 Max, plan to issue recommendations within 60 days on how the plane was designed and certified. The board will issue a recommendation …
Some of the most famous planes in the weather world are hurricane hunters, piloted by steely nerved aviators who fly into storms to measure what is imperceptible to people on the ground. Since the first storm-chasing pilot plunged into a …
American Modern Names New Chief Claims Officer American Modern Insurance Group announced the appointment of Eric Hunziker as chief claims officer effective July 1. Hunziker will also become a member of American Modern’s Executive Management Board. Hunziker has been with …