Hurricane Beryl News

Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities

Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money managers were busy trying to figure out whether their highly calibrated bets centered on natural catastrophes were about to take …

CenterPoint Sued Over Hurricane Beryl Power Outages in Houston

A group of Houston restaurants that lost power for days after Hurricane Beryl sued the city’s main utility, accusing CenterPoint Energy Inc. of failing to adequately invest in infrastructure and respond to widespread power outages. The lawsuit, filed by various …

After Beryl, Houston Area Farmers Come Together to Face Unique Challenges

PORTER, Texas (AP) — Hurricanes cause trouble for everyone, but farmers have a whole other list of problems. Beryl has been no exception: Over the past week, the storm damaged crops, soaked rabbits and chickens, terrified goats, put horses at …

Beryl’s Remnants Spawned 4 Indiana Tornadoes, Including an EF-3: NWS

MOUNT VERNON, Ind. (AP) — The remnants of Hurricane Beryl spawned at least four tornadoes in Indiana, including an EF-3 twister with winds as high as 140 mph (225 kph) that tore through a small city in the state’s southwestern …

Texans Endure Second Week Without Power After Hurricane Beryl

CHANNELVIEW — Juan Piñón’s long-sleeve black shirt and forest green pants were soaked. He used a shovel to scrape concrete mix out of a blue wheelbarrow and throw it on the ground. The 43-year-old construction worker was hard at work …

Vermonters Assess Beryl Damage, Begin Cleanup One Year After Major Flooding

PLAINFIELD, Vt. — Volunteers, some with heavy equipment, shoveled river silt and mud from roads, homes, yards and driveways and removed flood-ravaged items from homes Friday in one of the Vermont communities hardest hit by flooding from the remnants of …

Hurricane Beryl: Insurers See Minimal Impact, Brace for Active Season

Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing conditions in the property/casualty and reinsurance sectors, Moody’s Ratings said. Beryl made landfall along the Texas coast as a category …

Hurricane Beryl’s Remnants Spawn Severe Storms in Midwest and Northeast

INDIANAPOLIS (AP) — The remnants of Hurricane Beryl dropped tornadoes and threatened flooding Wednesday as the system churned into Canada and the northeastern U.S. after leaving millions in the Houston area without power. Beryl, which landed in Texas on Monday …

Half a Million Will Be Under Houston Outages a Week After Beryl

Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest city are still without power, shutting stores and snarling traffic at non-functioning lights. Gas stations are either closed or swamped …

CBO Says Mortgage Subsidy Cost from Flood Damage to Hit $395M by 2053

Climate change is expected to increase the frequency and severity of floods in the U.S., posing greater risks to homeowners and mortgage lenders—and since flood damage tends to lower the market value of affected homes, it’s more likely that homeowners …