Severe flooding in China are hurting the profits of insurance companies, and highlight the shortfalls of the country’s natural disaster insurance system.
Speaker of the House Nancy Pelosi says a House panel will look into Texas' response to the problems that have been caused by the extreme weather in Texas.
Deadly weather will be hitting the U.S. more often, and America needs to get better at dealing with it, experts said as Texas and other states battled winter storms that blew past the worst-case planning of utilities, governments and millions of shivering residents.
At least three people were killed when a tornado tore through a seaside town in North Carolina, and millions of people in Texas remained in the dark early Tuesday amid subfreezing temperatures.