Floods already have washed over Northern California, inundating homes and farmland and spurring evacuations.

Inland flooding has emerged as the costliest U.S. weather event for the first time since 1997.

A deep freeze is about to descend on North America, Europe and Asia thanks to record high temperatures across the Arctic.

As Hurricane Matthew rolled toward Florida earlier this week, the meteorologists at Verisk Analytics were tracking its every move.

As Hurricane Matthew rolled toward Florida earlier this week, the meteorologists at Verisk Analytics were tracking its every move.

The Category 4 storm is expected to make landfall near West Palm Beach and Melbourne overnight and then track north along the Atlantic coast racking up as much as $50 billion in economic losses.

A strengthening Hurricane Matthew is on course to batter the Florida, Georgia and South Carolina coasts, where it could cause $15 billion in U.S. losses.

Hermine is weakening as it moves farther inland across Floridas Panhandle and southeastern Georgia, after largely sparing energy assets in the Gulf of Mexico.