After slowing for several hours to a near standstill about 35 miles offshore, the eyewall of Hurricane Dolly finally crossed South Padre Island at around 1:00 pm EDT as a Category 2 hurricane with winds of 100 mph. As of 2:00 pm EDT, Dolly is located over Laguna Madre, about 35 miles north-northeast of Brownsville. Winds have diminished to 95 mph and Dolly is now a Category 1 hurricane. Central pressure is estimated at 967 mb.
AIR Worldwide estimates that total losses to insured and uninsured property from the M7.9 earthquake that struck near Chengdu, China will likely exceed CNY 140 billion (USD 20 billion). AIR estimates that insured losses will likely exceed CNY 2 billion (USD 300 million) and could reach CNY 7 billion (USD 1 billion). The estimates cover property losses for Residential, Commercial/Industrial and CAR/EAR lines of business.
On Saturday, March 1, Windstorm Emma tore across a wide swath of central Europe, including Germany, Austria, the Czech Republic, Belgium, the Netherlands, Switzerland and the U.K.