Hurricanes

Major insurers such as Allstate Corp (NYSE: ALL), American Family Insurance, Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B), Nationwide and Erie Insurance Group are reportedly reducing or eliminating coverage for extreme weather events due to...

A leading 2024 presidential hopeful has paused his campaign with an eye on helping with the restoration efforts in the state he leads after a devastating hurricane. Here’s a look at what Governor Ron DeSantis had to say about the aftermath of Hurricane Idalia. What Happened: Hurricane...

Hurricane Hilary rapidly intensified into a Category 4 storm, gaining strength as it moved off Mexico's west coast. Seasonally warm waters are fueling Hilary's development, taking it from a tropical storm to boasting winds of 145 miles per hour, as of Friday morning, according to the Los Angeles...

A lawmaker in one American state could make it hard for owners of electric vehicles to get out of the state in the event of a hurricane. Here’s the potential law and why it’s important. What Happened: States have passed laws aimed at banning the sale of gas-powered vehicles in the...

The Procure Disaster Recovery Strategy ETF (NASDAQ: FEMA) gapped down about 0.5% on Friday on lower-than-average volume after gapping up to reach an all-time high of $27.30 on Thursday. Although the ETF currently lacks liquidity, FEMA outperformed the S&P 500 by almost 50% since Oct. 13,...

One of the hardest-hit stocks in 2022 that is a member of the S&P 500 was Generac Holdings Inc. (NYSE: GNRC). The stock was the subject of several short reports in 2022 and saw shares fall more than 50% during the calendar year. As one of the largest gas-powered generator companies in the...

Florida and other nearby states are bracing for Hurricane Ian, which is expected to make landfall in the U.S. on Wednesday, Sept. 28, 2022. Here is a look at what theme parks, cruise lines and sports are doing to prepare for the storm. Hurricane Ian:  Tampa Bay, St Petersburg and the...

The National Oceanic and Atmospheric Administration's (NOAA) Climate Prediction Center forecasts a 65% chance of above-average hurricane activity for the 2022 season, making it the seventh consecutive year of above-average cyclone activity. NOAA predicts 14 to 21 named storms in the 2022...

On Sunday, Hurricane Ida rushed ashore Louisianna on the 16-year anniversary of Hurricane Katrina. The 2005 storm took the lives of 1,800 people and caused more than $100 billion in damage, $40 billion of which were reported as insured property damage. Well established insurers such as...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Laura could become the strongest hurricane to hit the continental United States since Hurricane Michael, a Category 5 storm, destroyed portions of the Florida Panhandle in October 2018. SONAR Critical Events: Wednesday, Aug. 26, 2020, 8 a.m. EDT; Tropical Storm Laura Laura was just a tropical...

The 2020 Atlantic Ocean hurricane season – from June 1 to November 30 – will see above-average activity, according to the tropical storm season outlook just released by Riskpulse and Resilience360, DHL's supply chain management platform. Riskpulse is an analytics and risk management firm focusing...

Ready or not, hurricane season in the United States is near — and with the ongoing coronavirus pandemic, it’s vital to stay abreast of storm forecasts. In the United States, hurricane season spans from June 1 to Nov. 30. Hurricane season consists of hurricanes, tropical storms...