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Hurricane Irene Insured Loss Probably Lower Than Expected: Analyst

While it is still early in the recovery process for Hurricane Irene, given weaker-than-expected wind speeds, particularly for the New York metro area landfall, FBR Capital Markets believes it is safe to say that loss expectations are lower than many investors thought last Thursday and Friday when forecasts shifted to show a more inland path for the storm.
Hurrricane Irene

Irene shuts down Northeast, but New York spared

Hurricane Irene surged through New York City on Sunday flooding waterfronts and low-lying areas, but America's most populous city avoided the mass devastation some had feared.Irene was downgraded to a tropical storm on Sunday morning and was headed next to pass over parts of Massachusetts and Rhode Island.
Hurricane Irene

Transportation Devastated Along Hurricane Irene Path -- Monday Outlook [LIVE]

In Washington, Federal Emergency Management Agency (FEMA) officials said it would take several days to begin complete cost estimates of damage caused by the storm, and to determine how long it will take be before transportation systems in the East Coast Boston-New York-Philadelphia-Washington corridor will be back to full service.
Hurricane Irene

Hurricane Irene LIVE COVERAGE: Delays, Cancellations Likely Monday

Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. But further south, states were not so lucky. Power is out in many places and transportation is still hampered across much of the East Coast, and with major airport hubs downed, the ripple is affecting most of the world. Now focus turns to restoration and recovery as the weekend rolls in the business week. Join IBT staff as we live blog the recovery efforts and continued devel...
Hurrricane Irene

Hurricane Irene Massachusetts: 150,000 Without Power, Coast Pummelled

Massachusetts residents were spared the bulk of the wrath of Hurricane Irene, as it was downgraded to a tropical storm Sunday morning as it entered the Bay State. Nevertheless, the storm uprooted hundreds if not thousands of trees and power lines, and caused extensive flooding.
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Hurricane Irene LIVE: Travel, Power, Evacuation and Flooding Updates

Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. But further south, states were not so lucky. Power is out in many places and transportation is still hampered across much of the East Coast, and with major airport hubs downed, the ripple is affecting most of the world. Now focus turns to restoration and recovery as the weekend rolls in the business week. Join IBT staff as we live blog the recovery efforts and continued devel...
Hurricane Irene

Hurricane Irene Path 2011: New York Mostly Spared; Long Island Takes Direct Hit; 3 Million on East Coast Without Power; 11 Lives Claimed by Irene

New York dodged a big bullet as Hurricane Irene weakened early Sunday on approach, but America's largest city and the surrounding area in particular didn't dodge significant impact from the storm's path and might. Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. One hour earlier the storm had taken a toll on New Jersey and Long Island, knocking out power for most, downing big trees, and causing flooding in the are...

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