Carlyle Group Inc. is unveiling a new framework for portfolio risk so that asset values reflect the insurance implications associated with severe weather shocks. The $475 billion Washington-based firm says the current standard — whereby money managers are reactive rather …
New York City Faces Flood Risks From Thunderstorms
The U.S. Northeast and Mid-Atlantic, including New York City, face another round of thunderstorms, increasing flood risks and transportation woes, with even the slight chance