Floods and Wildfires

Firefighters again will battle inferno-like conditions on Wednesday as they try to tame an explosive wildfire that has already chased some 32,000 residents from their homes near Colorado Springs, Colorado. [CNN]

Vacation homes and commercial properties in flood-prone areas could see their flood-insurance premiums more than double over a four-year period under a bill poised to clear the Senate this week. [Wall Street Journal]