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The Philippines evacuated northern coastal villages, suspended ferry services and called in fishing boats on Friday as an approaching category-five storm, already labelled a super typhoon, gained strength on a path set for southern China.

The Philippines evacuated northern coastal villages, suspended ferry services and called in fishing boats on Friday as an approaching category-five storm, already labelled a super typhoon, gained strength on a path set for southern China.

Property losses from deadly flooding in Colorado will total nearly $2 billion, about half from housing and half from the commercial and government sectors, catastrophe modeling firm Eqecat said.

Property losses from deadly flooding in Colorado will total nearly $2 billion, about half from housing and half from the commercial and government sectors, catastrophe modeling firm Eqecat said.

After overwhelmingly passing legislation in 2012 to bring rates at the federal flood insurance program to actuarially-sound levels, members of the Senate Banking Committee sought to distance themselves from the measure.

After overwhelmingly passing legislation in 2012 to bring rates at the federal flood insurance program to actuarially-sound levels, members of the Senate Banking Committee sought to distance themselves from the measure.