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Posts Tagged ‘Storms

NEW YORK (Reuters)?Private weather forecaster WSI Corp. cut its forecast for named storms in the 2010 Atlantic hurricane season on Tuesday but still sees an active season, with water temperatures and wind conditions conducive to violent storms.

In its latest tropical storm update, WSI called for 19 named storms, down from 20 in its June forecast, but maintained its outlook for 11 hurricanes and five intense hurricanes of Category 3 or higher.
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Recent years have been tough for devotees of securitization. Woeful mortgage-backed securities have cast a pall over the practice of packaging risk into bonds and selling them to investors.

But with hurricane season in full swing, there are signs of stirring in a corner of that world: catastrophe bonds. A spate of recent storms and disasters — from Hurricane Bill to Typhoon Morakot in Taiwan — has served as a reminder of why they became Read the rest of this entry »

BIRMINGHAM, Ala. – Dozens of homes and businesses were damaged in the South by strong winds, heavy rains and golf ball-sized hail Wednesday, and with more rain in the forecast, officials increased the flow of water through dams to ease swollen rivers, including the Mississippi.

Strong winds downed trees onto mobile homes in Arkansas, where several people suffered broken bones and some classes were canceled. Storm debris blocked roads and Read the rest of this entry »

A storm system could bring additional precipitation as cities experience a second flood crest, according to the National Weather Service.

Mark Ewens, data manager at the Grand Forks office, said the computer models used to determine weather forecasts “have been in agreement the last several days” that a system is heading toward the region.

That storm most likely will get here sometime between April 16 and 18, which is when many Read the rest of this entry »

A storm system could bring additional precipitation as cities experience a second flood crest, according to the National Weather Service.

Mark Ewens, data manager at the Grand Forks office, said the computer models used to determine weather forecasts “have been in agreement the last several days” that a system is heading toward the region.

That storm most likely will get here sometime between April 16 and 18, which is when many Read the rest of this entry »

A storm system could bring additional precipitation as cities experience a second flood crest, according to the National Weather Service.

Mark Ewens, data manager at the Grand Forks office, said the computer models used to determine weather forecasts “have been in agreement the last several days” that a system is heading toward the region.

That storm most likely will get here sometime between April 16 and 18, which is when many Read the rest of this entry »

A storm system could bring additional precipitation as cities experience a second flood crest, according to the National Weather Service.

Mark Ewens, data manager at the Grand Forks office, said the computer models used to determine weather forecasts “have been in agreement the last several days” that a system is heading toward the region.

That storm most likely will get here sometime between April 16 and 18, which is when many Read the rest of this entry »