Weather Risk

The U.S. coastline has a below-average chance of being struck by a major system, according to Colorado State Universitys forecast.

Almost all hail-damaged HVAC systems can be repaired and returned to pre-loss condition.

The U.S. Supreme Court agreed to hear State Farms bid to overturn a finding that the insurance company fraudulently overbilled the government for damage from Hurricane Katrina.

It took the devastation from the 1992 storm for the insurance industry to embrace catastrophe modeling. Since then, new techniques have been developed to give a better idea of an insurer's loss potential.

The Atlantic should have a near-average storm season, producing four to eight hurricanes before it ends in November, according to NOAA Administrator Kathryn Sullivan.

A storm that would be named Bonnie threatens holiday cookouts and celebrations along the U.S. coast from North Carolina to Georgia over the Memorial Day weekend.