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Tropical storm Florence is a reminder that homeowners may need flood insurance

Tropical storm Florence is a reminder that homeowners may need flood insurance

Finance
Floods are the nation's most common and costly natural disaster. Yet, standard homeowners and renters insurance policies specifically don't cover that. "Your homeowners policy will cover water damage if water came from above," said Jason Hargraves, managing editor of insuranceQuotes.com. "If your house is damaged from water that comes from the ground up, you'll need flood insurance for that." In the wake of Florence, the storm which left widespread flooding and destruction across the Carolinas, it's a good reminder to homeowners of the importance of ...
Gas prices steady after onslaught from Hurricane Florence

Gas prices steady after onslaught from Hurricane Florence

Business
Sept. 18 (UPI) -- Hurricane Florence had little effect on gasoline prices because the storm didn't go near refineries or other energy infrastructure. The Carolinas and surrounding states also had an abundant supply of gasoline, analysts report, explaining the lack of a spike in prices. AAA reports that national prices remained steady at $ 2.85 on the week. Gasoline supplies in the mid-Atlantic and Northeast topped 66.7 million barrels, the highest level since March 2016. But actually delivering gasoline to gas stations in the hardest hit areas of North Carolina could be a short-term challenge. During the build-up to the hurricane, many drivers topped off their tanks, leaving some stations empty. "Gasoline stocks in the hurricane-impacted area are healthy, but delivery of gasoline will be ...
Hurricane Florence: Life-threatening storm starts to lash Carolinas

Hurricane Florence: Life-threatening storm starts to lash Carolinas

World
Media playback is unsupported on your device Tens of thousands of homes are without power and sea water is sloshing through coastal streets as Hurricane Florence begins lashing the US East Coast.The hurricane is moving towards land with maximum sustained wind speeds of 90mph (150 km/h).It lost power as it approached North and South Carolina, but officials warn it could still kill "a lot of people" amid risks of "catastrophic" flooding.Evacuation warnings are in place for more than a million people.The governor of North Carolina, where Florence is expected to make landfall later on Friday local time, said surviving the storm would be a test of "endurance, teamwork, common sense, and patience"."The first bands of the storm are upon us but we hav...
Hurricane Florence could kill 'a lot of people'

Hurricane Florence could kill 'a lot of people'

World
Media playback is unsupported on your device Hurricane Florence, which is nearing the US East Coast, could kill "a lot of people", officials warn.The Federal Emergency Management Agency (Fema) says storm surges could bring catastrophic flooding to inland areas.Nearly 1.7m people along the coastlines of North Carolina, South Carolina and Virginia have been ordered to evacuate.Strong winds and heavy rains have already begun lashing North Carolina's coastline, leading to some early flooding.Some 11,000 power outages had already been reported in the state. Reuters news agency reports.Latest updatesFlorence was 155 miles (250km) east of Myrtle Beach in South Carolina at 17:00 EDT (21:00 GMT), and is projected to make landfall on Friday at 08:00 loc...
Hurricane Florence has ingredients that make experts worry

Hurricane Florence has ingredients that make experts worry

Technology
To whip up a monstrous storm like the one chugging for the Carolinas you need a handful of ingredients — and Florence has them all. Warmer than normal sea temperatures to add energy and rain to a storm. Check. A wind pattern that allows a storm to get strong and stay strong. Check. Higher sea levels to make a storm surge worse. Check. A storm covering enormous area, to drench and lash more people. Check. And an unusual combination of other weather systems that are likely to stall Florence when it hits the Carolinas, allowing it to sit for days and dump huge amounts of rain. Check. "The longer it stays, the more wind, the more rain. That means the more trees that could fall, the more power outages," National Hurricane Center Director Ken Graham said. "This one really scares me," Gra...