Articles by Stephanie Kelly

Returning After Hurricane Delta, Louisiana Evacuees Face Power Outages, Extreme Heat

10/11/2020 06:21 PM— Storm-weary coastal Louisiana residents who fled from the path of Hurricane Delta in recent days streamed back to their homes on Sunday to face cleanup and repairs from the second hurricane to batter their state over the …

Update: Louisiana Residents Flee as Delta Bears Down on U.S. Gulf Coast

10/09/2020 10:41 AM LAKE CHARLES, La., Oct 9 — The streets in Lake Charles in southwest Louisiana were deserted as a powerful Hurricane Delta approached, threatening to add misery to people struggling to recover from the damage inflicted by a …

Wisconsin Oil Refinery Fire Injures at Least 15

An explosion at Husky Energy’s refinery in Superior, Wisconsin, caused a fire that burned for several hours on Thursday and sent smoke billowing into the air, prompting the evacuation of thousands of residents, officials said. Local media said at least …

Puerto Rico Bond Insurers’ Stocks Fall After ’60 Minutes’ Episode on Hurricane Maria

Shares of three major bond insurance firms with exposure to Puerto Rico fell on Monday after a “60 Minutes” episode aired on Sunday highlighted the extensive damage wreaked on the island by Hurricane Maria. Andrew Gadlin, a research analyst at …

How Public Universities Are Transferring Risks to Private Sector

U.S. public universities are increasingly turning to public-private partnerships to develop student housing and other campus projects, sometimes using the structure to transfer borrowing and liability risks to the private sector. Over the last five years, there has been an …