(Bloomberg) — Fermat Capital Management, one of the world’s largest investors in catastrophe bonds, says fears about this year’s hurricane season have already significantly dented returns. Most read by Bloomberg “Returns in May were low and even negative for many funds,” said Brett Houghton, managing director at Fermat, in an interview. “Widespread fears of a […]
HOUSTON – More than a month and a half after Hurricane Beryl and three months after the May derecho, piles of storm debris still lie littering Houston neighborhoods. KPRC 2’s Help Desk is receiving reports that the debris is not being picked up by the City of Houston. A help desk message came from Montessori […]
Harris County Attorney Christian Menefee filed charges Monday against two Houston-area gas stations for alleged price gouging during Hurricane Beryl. According to Menefee, his office received more than 250 complaints of price gouging after the hurricane left millions of people in the Houston area without power. Most of those businesses — including hotels, gas stations […]
ALARM DAYS LATEST FORECAST Here’s WAVE News meteorologist Carson Meredith with his forecast. WEATHER HEADLINES The storms will subside after sunset tonight Further showers must be avoided on Sunday, but nothing severe is expected Long dry (and cool) weather next week LOUISVILLE, Ky. (WAVE) – Storm activity will move south and east of our area […]
ALARM DAYS LATEST FORECAST Here’s WAVE News meteorologist Carson Meredith with his forecast. WEATHER HEADLINES The main problem areas are central and southern Kentucky Threats: Destructive winds, large hail Persistent rain showers on Sunday before a quiet working week LOUISVILLE, Ky. (WAVE) – Areas of dense fog should clear shortly after sunrise. Our focus then […]
HOUSTON – The saying “It takes an army to build something great” couldn’t be more apt for CenterPoint Energy’s work to strengthen infrastructure. Houston’s power utility has assembled an army of workers to make its grid more resilient to massive outages. Following the May derecho and subsequent Hurricane Beryl, CenterPoint faced two major setbacks in […]
