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☆ FEMA employee removed from role after telling relief team to skip houses with Trump signs after Florida hurricane
▼ + stars: | 2024-11-08 | by ( Mary Kay Mallonee | ) edition.cnn.com time to read: +2 min

CNN —A Federal Emergency Management Agency employee has been removed from her role after she advised her disaster relief team to avoid homes with signs supporting President Donald Trump while canvassing in Florida in the aftermath of Hurricane Milton, the agency said Friday. A FEMA spokesperson told CNN in a statement the agency is “deeply disturbed by this employee’s actions” and the incident is under investigation. The agency did not identify the employee. An aerial view shows homes destroyed by Hurricane Milton in Fort Pierce, Florida, on October 10, 2024. Ron DeSantis said following reports of the incident Friday that he had directed state officials to investigate the matter.

Persons: Donald Trump, ”, Hurricane Milton, John Falchetto, Ron DeSantis, Harris, “ Organizations: CNN, Emergency Management Agency, FEMA, Getty, Trump, Florida Gov, Biden, Republican, Division, Emergency Management Locations: Florida, Hurricane Milton, Hurricane, Fort Pierce , Florida, AFP, Lake Placid , Florida

Following Friday's trade, Jim Cramer's Charitable Trust will own 30 shares of BLK, increasing its weighting to 0.85% from 0.5%. Our CNBC Investing Club Reporter Morgan Chittum took a look at a few catalysts on the horizon that can keep BlackRock's earnings momentum going. Elsewhere, BlackRock's GIP deal also shows investors that the firm "got back on the front foot" in private markets growth, Evercore ISI said in a recent note. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, Morgan Chittum, Larry Fink, Fink, Biden, there's, Sudhir Nair, BlackRock's, Morgan Stanley, Jim Cramer, Jim Organizations: BlackRock, BLK, Devices, CNBC Investing, Catalyst, Global Infrastructure Partners, Biden Administration, Club, Microsoft, Preqin, Money, Federal Reserve, Boeing, CNBC Locations: BlackRock, U.S, Florida, Riyadh, Saudi Arabia

☆ Back-to-back Florida hurricanes signal trouble for home insurance prices nationwide
▼ + stars: | 2024-10-12 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

Insurance experts said the back-to-back hurricanes could signal rising insurance rates nationwide. AdvertisementTwo back-to-back hurricanes in Florida in recent weeks will likely raise home insurance rates even higher in a state that is already grappling with prices nearly four times the national average, insurance experts told Business Insider. The compounding financial crises of Hurricane Helene and Hurricane Milton could also point to looming hikes in insurance rates nationwide, the home insurance experts said. They pointed to the recent Florida storms as examples of the increasingly severe and frequent climate catastrophes wreaking havoc on the global insurance market. AdvertisementAn uptick in reinsurance rates in recent years has been a driving force behind climbing insurance rates nationwide, said Kyle Ulrich, president and CEO of the Florida Association of Insurance Agents.

Persons: —, Kyle Ulrich, it's, Hurricane Helene, Hurricane Milton, Jeffrey Schlegelmilch, Oscar Miniet, Miniet, Coral, Milton, Helene, Shahid Hamid, Jeremy Porter, Porter, Hamid, Ulrich, Oscar Seikaly, Penny, Liao Organizations: Service, Florida Association of Insurance, Intercontinental Exchange, CBS News, Columbia Climate School's, Center for Disaster Preparedness, Tampa, Florida International University, Research Center's Laboratory for Insurance, Financial, Economic Research, Allstate, State, Florida Association of Insurance Agents, NSI Insurance, Hurricanes Locations: Florida, Hurricane, California, Illinois, Arkansas, Deltona, Jacksonville, Sarasota, Central Florida, Kentucky, Idaho, London, Bermuda, Japan

The Summary The devastation in western North Carolina is a result of a combination of factors related to climate change and the terrain. Mountains tend to block weather systems and squeeze out more rain, while steep slopes raise flood risk. At the same time, climate change is making storms stronger and wetter. What's more, the area around Asheville had gotten heavy rain before Hurricane Helene made landfall in Florida. Asheville and its surrounding towns in western North Carolina had just been soaked by a severe rainstorm when the remnants of Hurricane Helene slammed into the Blue Ridge Mountains.

Persons: Helene, Hurricane Helene, ”, Doug Outlaw, ” Outlaw, “ Organizations: National Weather Service Locations: North Carolina, Asheville, Florida, Greenville, Spartanburg , South Carolina, North, Appalachia

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☆ Hurricane Idalia forces Biden and Ron DeSantis to get along — at least a little bit
▼ + stars: | 2023-09-02 | by ( Henry J. Gomez | ) www.cnbc.com time to read: +9 min

Chris Christie in the eye of a political hurricane. It's a striking difference from a year ago, in the aftermath of Hurricane Ian, when DeSantis joined Biden on his tour of the state. But DeSantis' hurricane leadership has reflected positively on him in the past. The DeSantis campaign, grounded in Tallahassee this week, signaled that it sees such opportunities. Christina Pushaw, DeSantis' combative rapid response director, shared on social media Friday a Wall Street Journal editorial headlined "Hurricane Ron DeSantis."

Persons: It's, Superstorm Sandy, Chris Christie, Obama, Vivek Ramaswamy, Christie, Ramaswamy, Barack Obama, Hurricane Idalia, Ron DeSantis, DeSantis, Joe Biden, Hurricane Ian, Biden, Weeks, Idalia, Biden's, Ian, Jeremy Redfern, Bill Palatucci, there's, Beth Hansen, John Kasich's, Donald Trump, Trump, Hansen, " Hansen, James Uthmeier, Christina Pushaw, Ben Shapiro, Andrew Romeo, Saturday's, Palatucci Organizations: Republican, Democratic, White, pats, Hurricane, Gov, DeSantis, NBC, FEMA, GOP, Biden, Democrat, Ohio Gov, Daily, Wednesday Locations: New Jersey, Florida, Hurricane, Jacksonville, Iowa, Tallahassee

A vehicle drives on a flooded road after the arrival of Hurricane Idalia, in Cedar Key, Florida, U.S., August 30, 2023. Hurricane Idalia plowed into Florida's Gulf Coast with fierce winds, torrential rains and pounding surf before weakening but turning its fury on southeastern Georgia, where floodwaters trapped some residents in their homes. At about $10 billion, Idalia would cost insurers less than 10 of the costliest hurricanes to hit the United States. Higher reinsurance rates can affect the premiums that insurers charge their customers. FLORIDA PAINFlorida has a large number of very small, thinly capitalized insurers, insurance experts have said.

Persons: Hurricane Idalia, Julio Cesar Chavez, Thomas Hayes, Gallagher Re, Michael Peltier, Berkshire Hathaway, Ajit Jain, Noor Zainab Hussain, Manya, Chibuike Oguh, Jon Stempel, Devika Syamnath, Megan Davies, Cynthia Osterman Organizations: REUTERS, Hurricane, UBS, Global, Great, Great Hill Capital, Farmers Insurance, Bankers Insurance, Lexington Insurance, AIG, Farmers, Florida Office, Insurance, Bankers, Property Insurance Corp, Property Insurance, Berkshire, Manya Saini, Thomson Locations: Cedar Key , Florida, U.S, Florida, Coast, Georgia, United States, Ukraine, California, Great Hill, New York, FLORIDA, USA, Lexington, Berkshire, Bengaluru, Chibuike

☆ After a slow start, the 2022 hurricane season roared in with memorable and destructive storms
▼ + stars: | 2022-11-30 | by ( Jennifer Gray | ) edition.cnn.com time to read: +8 min

CNN —As the hurricane season closes, a handful of blockbuster storms made history after an eerily quiet first half of the season gave false hope. In fact, we didn’t have any named storms from July 3 to August 31, the first time that’s occurred since 1941. One of those storms was Hurricane Ian, which hit land in late September and will go down as the most memorable storm of the 2022 season. “Tropical storms have formed in every month outside of hurricane season, and there have been a few hurricanes, too,” NOAA said. Historically, we’ve seen at least 15 named storms form in the month of December, even all the way up to December 30.

☆ Beyond Catastrophe: A New Climate Reality Is Coming Into View
▼ + stars: | 2022-10-26 | by ( David Wallace-Wells | Photographs Devin Oktar Yalkin | ) www.nytimes.com time to read: +53 min

Beyond Catastrophe A New Climate Reality Is Coming Into View By David Wallace-WellsYou can never really see the future, only imagine it, then try to make sense of the new world when it arrives. (A United Nations report released this week ahead of the COP27 climate conference in Sharm el Sheikh, Egypt, confirmed that range.) A little lower is possible, with much more concerted action; a little higher, too, with slower action and bad climate luck. There were climate-change skeptics in some very conspicuous positions of global power. New emissions peaks are expected both this year and next, which means that more damage is being done to the future climate of the planet right now than at any previous point in history.

☆ The One Little Problem With a Washington Post Story
▼ + stars: | 2022-10-22 | by ( James Freeman | ) www.wsj.com time to read: 1 min

Regular news consumers are familiar with the endless media effort to tie adverse events to businesspeople and right-of-center politicians. This column’s most celebrated alumnus entertained readers by satirically blaming all manner of random misfortunes on either climate change or George W. Bush. More recently this column noted how various outlets got carried away last month trying to claim that the intensity of Florida hurricane activity is man-made. One outlet in particular, the Washington Post, doesn’t seem especially eager to learn from its mistakes.

☆ Trump solicits cash right after the January 6 committee votes to subpoena him and tells supporters he's fighting for their 'heritage'
▼ + stars: | 2022-10-13 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

The nine-member committee unanimously voted to subpoena Trump for testimony. ", Trump prompts supporters to donate at least $45 to the Save America Joint Fundraising Committee, which is composed of two of his post-presidential political committees: Save America and Make America Great Again PAC. A fundraising email sent by one of former President Donald Trump's political committees on October 13, 2022. Save AmericaThe nine-member committee unanimously voted to subpoena Trump for testimony concerning the riot at the close of the hearing on Thursday. As of August 31, Save America alone reported about $92.8 million in reserve, according to a filing with the Federal Election Commission.

Share this -Link copiedFloridians are livestreaming Hurricane Ian on TikTok Floridians are giving TikTok users a front-row seat to Hurricane Ian. Storm surge map, they didn’t have a color for 12 to 15 feet," he said about the historic levels of storm surge expected near where Ian is expected to make landfall. Share this -Link copiedA view of Hurricane Ian from the International Space Station A view of Hurricane Ian from the International Space Station, on Monday. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early Wednesday. Share this -Link copiedIan expected to strengthen until making landfall, officials say Hurricane Ian is still forecast to strengthen until the hurricane makes landfall in Florida, the National Hurricane Center said.

Storm surge map, they didn’t have a color for 12 to 15 feet," he said about the historic levels of storm surge expected near where Ian is expected to make landfall. Share this -Link copiedA view of Hurricane Ian from the International Space Station A view of Hurricane Ian from the International Space Station, on Monday. “We are extremely concerned about the potential impacts Hurricane Ian may have on phosphate facilities around the state,” Whitlock added. Share this -Link copiedIan strengthens into Category 4 storm Hurricane Ian has strengthened into a Category 4 storm as it advances upon Florida's west coast. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early Wednesday.

Share this -Link copiedView of Hurricane Ian from International Space Station View of Hurricane Ian from the International Space Station. Share this -Link copiedIan on track to make landfall in Florida as 'catastrophic' Category 4 storm Hurricane Ian is strengthening as it nears Florida's west coast, officials said. “We are extremely concerned about the potential impacts Hurricane Ian may have on phosphate facilities around the state,” Whitlock added. Share this -Link copiedIan strengthens into Category 4 storm Hurricane Ian has strengthened into a Category 4 storm as it advances upon Florida's west coast. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early on Wednesday morning.

Hurricane Ian in the Gulf of Mexico on Sept. 27, 2022. Share this -Link copiedHurricane Ian over Cuba on Tuesday morning Hurricane Ian over Cuba, on Tuesday. Share this -Link copiedIan expected to strengthen later Tuesday morning Hurricane Ian is expected to strengthen later Tuesday morning, officials said. Share this -Link copiedStorm clouds over St. Petersburg, Florida Storm clouds are seen as Hurricane Ian approaches in St. Petersburg, Florida on Monday. Ricardo Arduengo / AFP - Getty Images Share this -Link copiedHurricane Ian as it barrelled towards Cuba Hurricane Ian growing stronger as it barrelled toward Cuba on Monday.

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