Risk
No Maps, No Insurance: Michigan Floods Expose Info Gap, Prep in Rural Areas
Tom and Diane Peterman tried to buy flood insurance when they moved to their retirement home on the shores of Black Lake 14 years ago, but were told it wasn't available. John Solum was told he wasn't ...
Flood Insurance Gap Will Squeeze Local Governments, Homeowners: Moody’s
The flood insurance gap in the United States is big and it's not getting better. And the consequences of that gap are about to worsen for property owners and state and local governments, thanks to ...
Waymo Recalls Nearly 3,900 Robotaxis Over Risk of Entering Closed Construction Zones
Alphabet's self-driving unit, Waymo, is recalling nearly 3,900 robotaxis in the U.S. because a software issue could cause the vehicles to enter a closed freeway construction zone and continue ...
Horse-Drawn Carriage Rides On Hold After Teen Tourist’s Death in New York
Horse carriage rides in Central Park are on hold at least until Tuesday, the union representing drivers said, as safety protocols are reviewed in the wake of the death of a young tourist who jumped ...
U.S. West Set to Sizzle This Summer While Northeast Stays Cooler
The U.S. West and Gulf Coast are set to broil this summer while the rest of the nation may face dreary and cool days — thanks in part to El Niño. The U.S. Climate Prediction Center sees the ...
Zurich Sees Data Center Boom Spurring Insurance Securitization
The level of investment into data centers globally may soon make it necessary for insurers involved to begin selling securitization products to spread the risk among a broader pool of investors, ...
Data Centers Are Being Built in Areas Exposed to Extreme Weather
A significant number of data centers are being built in areas that are exposed to extreme weather risks brought on by climate change, a report by XDI has found. A study of roughly 2,600 planned data ...
Mythos Myths: Good Guys Hold More Cybersecurity Cards, Insurer CEO Says
No offense to the members of the media, but the media tends to blow this stuff up. That's how Jim Williamson, president and chief executive officer of insurer and reinsurer Everest Group Ltd., ...