U.S. droughts News

Drought Reaches Severe Level in Parts of North Carolina

Drought conditions are getting worse in western North Carolina, according to the most recent U.S. Drought Monitor assessment released Sept. 10. Five counties in North Carolina are now considered to be in a severe drought. Those are Cleveland, Gaston, Lincoln, …

No Relief In Sight for Drought-Stricken Plains States

Dry weather should continue through at least the end of January in the drought-stricken U.S. Plains and a blast of Arctic cold air in the Midwest early next week poses a threat to unprotected livestock and possibly some wheat, an …

Aon Benfield Monthly Cat Report Highlights China Floods; Agriculture Losses

The latest report on the world’s catastrophes from Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, highlights flooding in China that generated more than $8.3 billion in economic losses across the country in July. Paradoxically the …