Weather Risk

S&P says that reinsurers are taking a huge risk by ruling out the potential that climate change is already impacting their exposure to catastrophic losses.

Oil giant BP is in more trouble related to the 2010 Gulf of Mexico disaster, the largest offshore oil spill in U.S. history.

Oil giant BP is in more trouble related to the 2010 Gulf of Mexico disaster, the largest offshore oil spill in U.S. history.

Last week's historic floods were just the beginning for hard-hit Detroit.

From Phoenix to Long Island, heavy rains and flooding have targeted much of the U.S. so far this week.

The Top 10 most costly weather events for July, including the worst of event of them all in the year to datecausing more than 200 deaths.

Europe, Asia and North America will get a chance to feel the effects of a full range of storms currently out across the Atlantic and Pacific.

Things aren't looking good for the south Pacific.