Enki Research News

Most of Texas Deep Freeze $90 Billion in Losses Avoidable, Modeler Says

Texas’s deep freeze and power outages last week could cost as much as $90 billion in losses, and most of it could have been avoided, according to Enki Research disaster modeler Chuck Watson. Arctic cold brought ice and sub-zero temperatures …

Fast-Moving Zeta Wallops Louisiana, Causes Blackouts Across South; Damages Could Hit $5B

Tropical Storm Zeta is spinning across the U.S. South after walloping New Orleans, blacking out 1.9 million homes and businesses and leaving a trail of wreckage from Louisiana to North Carolina. Zeta made landfall near Cocodrie, Louisiana, with winds of …

Beach Town Developers Now Believe in Stronger Building Codes, Construction

Developer Jeff Lamkin knew the risks when he paid $250 million for 63 acres of an island off the Texas coast. But he saw only upside in the quaint little beach town of Port Aransas. Over the next 10 years …

Estimated $2.5 Billion Gulf Coast Damage from Nate Less Than First Feared

Oil companies were heading back into the Gulf of Mexico and working to restore operations after Hurricane Nate fizzled out over the U.S. South on Sunday. While an estimated 93 percent of U.S. oil production in the Gulf was still …

Storm Watch Issued for North Carolina as Puerto Rico, Markets Weigh Maria’s Economic Costs

Storm watches have been issued for North Carolina as the U.S. is threatened by a hurricane for the fourth time in a month. Tropical storm watches, meaning winds of at least 39 miles (63 kilometers) per hour could reach the …

Weakening Hurricane Jose Could Graze Massachusetts Wednesday

A weakened Hurricane Jose could graze the Northeast as Hurricane Maria tears through the Caribbean, gaining strength and possibly heading toward the U.S. in a week. Jose will probably be downgraded to a tropical storm as it comes close to …

How ‘Bermuda High’ Threw Irma and Damage Estimates Off Course

Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest U.S. storm on …