Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America.
An El Nino weather pattern, which can parch parts of Australia and Asia while bringing rains to South America, will probably develop in the next few months as the Pacific Ocean warms, Australia’s Bureau of Meteorology says.
Swiss Re Ltd., the world’s second- biggest reinsurer, said losses for the global insurance industry from natural catastrophes and man-made disasters fell 44 percent last year amid a quiet Atlantic hurricane season.
An El Nino watch has been issued by the U.S. Climate Prediction Center, warning of the possible development of the weather-altering event that can bring rain to California and South America and raise winter temperatures in the U.S. Northeast and Midwest.