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It came nearly 5,000 miles away, in an empty gymnasium during a Red Storm loss at a tournament in Hawaii.
The Mercury lead Seattle by three games and can clinch the third seed with one more win or a Storm loss.
Yet the other lessons to be learned in the county from what could be called "Floyd 101" are: a) that because of prohibitive cost, almost nothing gets rebuilt sturdily enough to withstand a comparable storm, and b) that no one -- whether private homeowner, business or municipality -- recovers 100percentt of a storm loss.
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Both Red Storm losses have come against Atlantic Coast Conference teams, the first to Boston College in the National Invitation Tournament Season Tip-Off.
Apparently to underscore that, the analysts said, MetLife said it would raise auto and homeowner premiums 2percentto3percentcentoto make up for the winter storm losses.
Ms. Ellis, the FEMA spokeswoman, said that although her agency usually pays about 75percentt of the cost for municipal storm losses, it pays smaller, and varying, amounts for private business and individual losses.
The money will go to Florida and other Southeastern and mid-Atlantic states that suffered storm losses, with the bulk of it -- $6.5 billion -- designated for the Federal Emergency Management Agency, which lawmakers said is running dangerously short of money.
The Chubb Corporation, the business insurer, said yesterday that third-quarter operating earnings more than doubled, beating analysts' expectations, because of a sharp drop in storm losses in the period.
Despite headlines about El Niño, storm losses were less than half what they were in 1996 and much smaller than during the previous powerful El Niño, in 1982-83.In thisectionon MONEY AND INTEREST RATES STOCKMARKETS TRADE, EXCHANGE RATES AND RESERVES CATASTROPHES Reprints.
Insurance giant American International Group on Wednesday reported an 11.5% increase in fourth quarter earnings as strong premium growth offset heavy storm losses and a settlement with federal regulators.
Average winter storm losses have doubled since the 1980s.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com