Most Harvey flood victims on hook to pay for home repairs

Others who do have it often discover they are not covered for flooding. Those divides could intensify this month as lawmakers confront three tasks: Formulating an aid package for hurricane victims, raising the debt ceiling and reauthorizing the floo... More..

by | Published 18 days ago
Hurricane Harvey: How subsidised insurance leads to unsafe homes
by | Sunday, September 03, 2017

Hurricane Harvey: How subsidised insurance leads to unsafe homes

Estimates are that 80% to 85% of Houston homeowners do not have flood insurance , either private or public. Critics say it's wrong that the program is being subsidized, and that anyone who chooses to live alon...More..

Could Hurricane Harvey impact South Florida's homeowner insurance rates?
by | Sunday, September 03, 2017

Could Hurricane Harvey impact South Florida's homeowner insurance rates?

Now nearly half a century old, the NFIP grew out of what was, at the time, a basic reality of the insurance business: Flooding risks were actuarially imponderable, so insuring against them was uneconomic for th...More..

Government flood insurance on the brink after Harvey, fmr. FEMA director says
by | Sunday, September 03, 2017

Government flood insurance on the brink after Harvey, fmr. FEMA director says

For homeowners in high-risk areas it could become too expensive and out of reach. "Unfortunately, we don't have an LBJ". Contact your Agent or Company Representative Immediately . Right now the insurance pro...More..

With or without flood insurance, Hurricane Harvey victims face uncertain future
by | Sunday, September 03, 2017

With or without flood insurance, Hurricane Harvey victims face uncertain future

Understand what NFIP covers: Flood insurance under NFIP is created to help homeowners deal with the financial consequences of flooding but it can differ from typical homeowner's insurance policies. Rates for F...More..

How Harvey may reshape federal flood insurance policy
by | Sunday, September 03, 2017

How Harvey may reshape federal flood insurance policy

Elegant in theory, the plan gradually succumbed to real estate interests, with the result that flood insurance enabled rather than managed development along coasts and in other flood-prone areas - ultimately ...More..

Majority of Harvey victims do not have flood insurance
by | Sunday, September 03, 2017

Majority of Harvey victims do not have flood insurance

She figured she could put the $450 annual premium, due next week, to another use. The NFIP is already deeply in debt and likely will have to be bailed out again by USA taxpayers, as it was after Katrina, to c...More..

Buy, Sell and Hold Suggestions for General Electric Company (GE)
by | Saturday, September 02, 2017

Buy, Sell and Hold Suggestions for General Electric Company (GE)

It has underperformed by 21.16% the S&P500. The number of shares now owned by investors are 8.67 bln. Its down 7.02% from 1.31M shares previously. It would take about 2.8 days to cover all short positions. The ...More..

Theresa May calls on China to act over North Korea missile launches
by | Saturday, September 02, 2017

Theresa May calls on China to act over North Korea missile launches

Mr Kim was present for the intermediate range missile launch over Japan , the agency said . Also on Wednesday, President Donald Trump declared "talking is not the answer" to resolving the prolonged stan...More..

by | Saturday, September 02, 2017

FineMark National Bank & Trust Lowers Stake in NextEra Energy, Inc. (NEE)

As of the end of the quarter Perkins Investment Management, LLC had disposed of a total of 146,526 shares trimming its holdings by 21.5%. NextEra Energy Partners, LP (NYSE:NEP) had its price objective raised ...More..

WRAPUP 1-US job growth likely slowed in August; wages seen tepid
by | Saturday, September 02, 2017

WRAPUP 1-US job growth likely slowed in August; wages seen tepid

It wasn't long ago that the U.S administration had frowned upon governments and central banks jawboning and attempting to keep their respective currencies on the weaker side in the interest of trade and economi...More..

by | Saturday, September 02, 2017

Cabinet reshuffle likely on weekend: a few big changes on the cards

Ministers of State Sanjeev Balyan and Faggan Singh Kulaste are also being shown the door for not taking adequate interest in their ministerial work. For the first time after two derailments within four days, Mi...More..

Firm predicts Harvey will be more expensive than Katrina and Sandy combined
by | Saturday, September 02, 2017

Firm predicts Harvey will be more expensive than Katrina and Sandy combined

But with the proposal written prior to Hurricane Harvey , lawmakers are now expected to pivot funding directives to match the needs of the programs aiding recovery efforts. FEMA says it has made available ...More..

How to help Hurricane Harvey victims
by | Saturday, September 02, 2017

How to help Hurricane Harvey victims

This is an increase from the retailer's previously announced $1 million of in-kind donations for immediate relief. The company said its updated commitment would include up to $10 million that will go toward...More..

by | Saturday, September 02, 2017

Is Cabot Oil & Gas Corporation (NYSE:COG) Dependable Investment For Shareholders?

Cabot Oil & Gas Corp now has $12.35B valuation. It is 0.02% or $0 reaching $24.87 per share. About 612,428 shares traded. Cabot Oil & Gas Corporation has a 52 week low of $20.02 and a 52 week high of $26.74. Th...More..

by | Saturday, September 02, 2017

Boeing Donates $1 Million to Assist Hurricane Harvey Recovery and Relief Efforts

Officials with the retailer said the company's initial focus will be on mega-shelters, providing items to meet basic needs, such as water, infant formula, diapers, underwear and personal hygiene products. Atten...More..

by | Saturday, September 02, 2017

Jim Mattis refutes claims over differences with Donald Trump on North Korea

The B-1Bs were flown in from Andersen Air Force Base in Guam while the F-35Bs came from a US base in Iwakuni, Japan . Cha served as deputy head of the USA delegation in multilateral talks with North Korea ...More..

Texas Federal Court strikes down Obama-era overtime pay rule
by | Saturday, September 02, 2017

Texas Federal Court strikes down Obama-era overtime pay rule

In his ruling Thursday , U.S. District Judge Amos Mazzant said the Labor Department overstepped its authority by issuing the rule. A federal judge has ruled against a new federal overtime regulation handed do...More..

Gasoline jumps on Harvey disruption
by | Saturday, September 02, 2017

Gasoline jumps on Harvey disruption

Flooding from Tropical Storm Harvey has shut almost a fifth of US oil-refining capacity, triggering worries about a gasoline supply crunch as the slow-moving tempest lumbers through the heart of America's pet...More..

Nation's Largest Refinery Scales Back Output as Harvey Rages
by | Saturday, September 02, 2017

Nation's Largest Refinery Scales Back Output as Harvey Rages

The reduced capacity means significantly smaller amounts of oil can be turned into gasoline and other products like jet fuel. West Texas Intermediate crude oil for October delivery traded $46.18 a barrel ...More..

'The Crow' Reboot Alive Again at Sony Pictures
by | Saturday, September 02, 2017

'The Crow' Reboot Alive Again at Sony Pictures

With Sony stepping in, though, the film is officially back in development after Relativity Media filed for bankruptcy. When the company went under, the project went into limbo. Alex Proyas directed the 1994 fi...More..

US August ISM Manufacturing Index Advances To 58.8, Strongest Print Since 2014
by | Saturday, September 02, 2017

US August ISM Manufacturing Index Advances To 58.8, Strongest Print Since 2014

Any reading above 50% generally indicates improving conditions. The reading exceeded economist expectations and suggests stronger global growth, a soft dollar, a booming stock market and rising consumer and b...More..

Mattis: Still Room for Diplomatic Solution with N. Korea
by | Friday, September 01, 2017

Mattis: Still Room for Diplomatic Solution with N. Korea

But hours later, Trump's defense chief told reporters at the Pentagon the U.S.is " never out of diplomatic solutions ". "Clearly, the world is paying close attention to the [South Korean]-U.S. US and Sout...More..

Nutanix, Inc. (NTNX), Nielsen Holdings plc (NLSN)
by | Friday, September 01, 2017

Nutanix, Inc. (NTNX), Nielsen Holdings plc (NLSN)

In fact, the analyst notes "several top VARs handily beating their internal forecasts for Nutanix sales". After the market close Thursday, Nutanix reported revenue of $226.1 million, up 62% from the year-...More..

Did demonetisation really attack black money?
by | Friday, September 01, 2017

Did demonetisation really attack black money?

Finance Minister Arun Jaitley said while addressing the media that confiscating black money was not the only objective of demonetisation , formalisation of the economy, transfer from cash-based system to d...More..