It is the 16th of October 2019

News

Here's How Much Your Credit Score Is About To Crash If You're In Hurricane Irma's Path

If you count yourself among the unlucky residents of Southern Florida where Hurricane Irma looks likely to make her continental U.S. landfall, you may want to take notice of a new study just published by Kelly Edmiston of the Federal Reserve Bank of Kansas City which details the devastating toll that hurricanes can take on your hard-earned credit score. 

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Miami Mayor: "Expect Evacuation Order On Wednesday Or Thursday"

With Hurricane Irma, now an “extremely dangerous” category 5 storm bearing down on southeastern Florida, the Miami Herald reports that Miami Mayor Carlos Gimenez has told reporters that an evacuation order was "probably coming late Wednesday or early Thursday." According to the latest forecasts, the storm is expected to make landfall in the US this weekend, unless the jet stream pulls it in a more northerly direction.

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Dramatic Photos Of Record-Setting Wildfire Above Downtown Los Angeles

On Sunday California Governor Jerry Brown declared a state of emergency for Los Angeles County as the La Tuna wildfire encroached on L.A. and burned eerily on the skyline just north of downtown, keeping nervous residents on the alert as homes and business were threatened. What is now being reported as the largest brush fire in Los Angeles history began in Burbank on Friday, but the cause is still under investigation.

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The Next Shock For Texans: Insurance Often Doesn't Cover Floods

A complete assessment of the property damage wrought by Hurricane Harvey will take weeks, if not months, to deliver. But as the first disaster victims return to their homes, some are being forced to confront an unfortunate reality: Gaps in their homeowners’ insurance that will leave them on the hook for thousands of dollars’ worth of damages.

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Arkema CEO: "No Way To Prevent Imminent Explosion" At Flooded Texas Chemical Plant

Yesterday we reported, that in a potentially disastrous outcome from the Harvey flooding, a chemical plant in Crosby, Texas belonging to French industrial giant Arkema SA, has announced it is evacuating workers due to the risk of an explosion, after primary power was knocked out and flooding swamped its backup generators. The French company said the situation at the plant “has become serious” and said that it is working with the Department of Homeland Security and the State of Texas to set up a command post in a suitable location near our site.

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