Wineries and hospitality businesses in and around Napa, California, near the epicenter of the worst earthquake to hit the area in 25 years, rushed to clean up rubble and broken glass ahead of the expected influx of tourists for a drought-accelerated grape harvest.
Catastrophe modeler Eqecat says the insured losses from Typhoon Haiyan are likely not to exceed $100 million despite the storm possibly being the deadliest to ever hit the Philippines.