ELDORET, Kenya (Thomson Reuters Foundation) — Julius Cheruiyot has been a farmer since he was 16 years old. Forced to drop out of school because his family was unable to pay the fees, he went to work on his father’s farm in Uasin Gishu county, in Kenya’s Rift Valley region.
For decades, weather experts and disaster officials had been warning residents living along the heavily-populated Atlantic Ocean coastlines along the Northeastern US states -- and especially those in New Jersey and New York City and suburban Long Island -- that they were overdue for a major hurricane. Unprecedented tidal surge flooding, along with damaging winds and torrential rains, would likely accompany the storm, it was predicted.
Report proposes solutions for state regulators, investors and insurers to protect consumers, maintain industry profitability in a warming world
(3BL Media) Boston, MA – September 2012, 2012 – Worsening weather in a warming world poses a growing risk to the financial stability of insurance companies and has broad ramifications for the economy and society, according to a new report.