Super Typhoon Haiyan, one of the strongest storms to hit land, may cost insurers as much as $700 million in the Philippines, a fraction of estimated damage, because few people are covered, a catastrophe modeler said.
Medical teams, aid workers and soldiers crammed onto flights to Tacloban city in central Philippines as survivors told of desperation over the trickle of supplies to the area six days after Typhoon Haiyan caused massive destruction.
The reports coming out of the Philippines are all too familiar. Shattered villages, corpses strewn across battered beaches, dazed survivors picking through the wreckage of their former lives. As I write, Typhoon Haiyan (described in some news reports as a “supertyphoon”) appears to be the worst natural disaster in the nation’s history, and one of the worst ever in Asia -- a region that has known no shortage of calamities.
Destruction from Super Typhoon Haiyan, the most powerful storm on record to strike the Philippines, shows the task facing President Benigno Aquino to curb the death toll in a country prone to natural disasters.
Governor Chris Christie, saying Hurricane Sandy has framed his political future, said New Jersey won’t be ready to withstand another such beating until after storm-surge barriers are built along its Atlantic coastline.
Hurricane Irene bore down on the U.S. with Category 1-force winds of 90 miles (150 kilometers) an hour, threatening a storm surge as warnings were posted from North Carolina to southern New England, including New York City.