The federal government overpaid upward of $177.2 million for disaster recovery in Florida in 2004 and 2005, says a new report from the U.S. Department of Homeland Security's Office of Inspector General.
For the estimated 22 million Americans living in hurricane-prone areas the question is: Am I at risk? A new online tool released by the hurricane center this week should provide some of the answers.
S&P says that reinsurers are taking a huge risk by ruling out the potential that climate change is already impacting their exposure to catastrophic losses.