Found 3,215 results
By Remi Lukosiunas On September 19, 201707:00 AM Eastern
Hurricane Irma had its eye set on the east coast of Florida, with catastrophic damage predictions running as high as $200 billion. But she switched gears at the last minute, losing power and...
By Remi Lukosiunas On September 14, 201707:00 AM Eastern
We just released our latest round of bank safety ratings, using fresh figures from Q2 2017 filings. The good news? Our Weiss data shows widespread soundness and stability in the industry. But...
By Jon D. Markman On September 13, 201702:00 PM Eastern
Last week, Warren Buffett collected on a $1 million bet with Ted Seides, a hedge fund manager at Protégé Partners.
In 2007, the famed investor and CEO of Berkshire Hathaway wagered that an...
By Mandeep Rai On September 13, 201707:00 AM Eastern
You’ve heard me talk about our Weiss Ratings Model plenty of times. But what is it really? How does it work? And most importantly, why should you care?
That’s a lot of questions, and I’ll start...
By Gavin Magor On September 12, 201707:00 AM Eastern
Hurricane Harvey recently hammered Texas, causing losses that could eventually total tens (or even hundreds) of billions of dollars. Now in Hurricane Irma’s wake, many are wondering about...
By Mike Larson On September 11, 201707:00 AM Eastern
Hurricanes Harvey and Irma have together caused billions of dollars in property damage, disrupted countless businesses, and tragically, cost dozens of lives.
But as I wrote recently, the...
By Gavin Magor On September 7, 201707:00 AM Eastern
Devastating, and expensive, the damage in Texas from Hurricane Harvey will fall mainly on the National Flood Insurance Program (NFIP) as I said last week. Catastrophe funding will also kick in for...
By Mandeep Rai On September 6, 201707:00 AM Eastern
The market is getting buffeted by two powerful forces: The geopolitical fallout from North Korea’s aggressive nuclear test and worries over major economic and insurance losses tied to Hurricane...
By Remi Lukosiunas On September 5, 201707:00 AM Eastern
As the clean-up begins in earnest after Hurricane Harvey, the storm’s financial impact inevitably comes to mind. Customers have loans and deposits with banks in the region, and they may worry...
By Gavin Magor On August 31, 201707:00 AM Eastern
The scenes in Texas are as shocking as they are heartbreaking. We’re seeing once again that flooding caused by storm surge and heavy rain can be much more devastating during hurricanes than the...