Hurricanes threaten to stir perfect economic storm [Reuters]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Reuters
NEW YORK, May 1 (Reuters Breakingviews) - Storms later this year might just blow down an important line of defense for U.S. homeowners. Warmer ocean surfaces and weaker trade-wind patterns are setting the stage for an especially fierce hurricane season. Two states already are propping up their insurance industries. A wave of insolvencies would be problematic, but not as much as unaffordable premiums and declining property values. There will be in 2024, based on forecasts released last month by researchers at Colorado State University. If the prediction is correct, it would be four more than the average recorded over a recent three-decade span. There's also a qualitative element: Climate change keeps bringing wind and rain. Despite rising sea levels and stronger storms, however, there's little evidence yet that U.S. homeowners are suffering as a result. Florida house prices, for example, have increased 23% faster than the national average since 1980, using U.S. Federal Housing Fin
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SPGI
News
- Wall Street rallies to records after inflation slows [Los Angeles Times (CA)]Los Angeles Times
- Farmers & Merchants Bancorp (FMCB) Increases Cash Dividend for the 59th Consecutive Year [Yahoo! Finance]Yahoo! Finance
- Antero Resources Receives Investment Grade Credit Rating [Yahoo! Finance]Yahoo! Finance
- MRC Global Announces S&P Upgrade in Credit Rating To “B” from “B–”, Outlook Stable [Yahoo! Finance]Yahoo! Finance
- Car insurance costs are surging — but it's not because of price gouging [Yahoo! Finance Canada]Yahoo! Finance Canada
SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 5/15/24 - Form 144
- 5/6/24 - Form 8-K
- 4/26/24 - Form IRANNOTICE
- SPGI's page on the SEC website