Light Hurricane Season Now Even More Likely

Forecasters with the National Weather Service raised the likelihood for a below-normal season in their most recent Atlantic hurricane season outlook. The update predicts a 70 percent chance of a ...

Florida’s Hurricane Cat Bonds Enjoy Robust Boom

In 2008, Florida's government-run property insurer paid Warren Buffett $224 million to agree to buy its debt if a major storm struck. Six hurricane-free years later, the state is turning investors ...