Loss Control

Tropical Storm Andrea moved briskly along the South Carolina coast on May 7, bringing drenching rains and threatening to spawn tornadoes as it churns up the Eastern Seaboard, U.S. forecasters said.

Although hurricanes are usually associated with southern coastal states, hurricanes Irene and Sandy proved storm surge is also a big risk for other states.

Solar activity predicted to peak in early 2015 may release powerful geomagnetic energy that can disrupt electric grids, causing widespread blackouts and disrupting markets, says Lloyds of London.

There is a probability of 96-percent a hurricane of any strength will make landfallwith the usual suspects at the head of the list for landfall, says a team at Colorado State University.

Superstorm Sandy is profoundly reshaping the approach New York City officials and business executives are taking to storm risk, and they devoted a day in downtown Manhattan on the eve of the Atlantic hurricane season to discuss plans to deal with that exposure in the future.

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