Risk
Disaster Resilience Group Recommends Insurance Surcharges, Oil Fees to Fund NJ Rebuilding Projects
A 2 percent surcharge on property insurance policies, mandatory fees on the oil and gas industries, and holding a public referendum are ways a public-private group formed in the aftermath of ...
Study Urges Rethinking of Disaster Management in Era of Compounding Events
A new report warns that compounding natural disasters introduce new, interconnected and complex risk scenarios — and points to a need to reimagine efforts that support disaster preparedness, ...
KCC: Frequent SCS Activity Emphasizes Need for Latest Modeling Tech
Despite only one landfalling hurricane, 2023 wasn't a good year for property/casualty insurers, and severe convective storms (SCS) are being blamed for the bad results, according to Karen Clark & ...
What Role Does Insurance Play in a Politically Charged Climate?
Law enforcement officials are continuing to investigate a July 13 shooting at a Butler, Pa. rally for former President Donald Trump's 2024 election campaign. During the incident, the former president ...
Nation’s Year to Date Tornado Count as of June 2024 is Third Busiest on Record
The 2024 year-to-date U.S. preliminary tornado count stands at 1,250, making it third behind 2011's 1,398 tornadoes and 2008's 1,303 tornadoes, for the same January-June period, according to ...
Legislators Say Amazon Prime Day is a Major Cause of Injuries for Warehouse Workers
Amazon's popular Prime Day sales event has been "a major cause of injuries" for warehouse workers who pick and pack customer orders at the e-commerce giant's facilities across the United States, ...
Texas Utility Sued by Restaurants Over Hurricane Beryl Response
Restaurants in Houston and nearby regions on Monday filed a class action lawsuit, collectively seeking over $100 million, against U.S. power producer CenterPoint Energy Inc. for lack of power ...
Climate Change Could Impact Wind-Powered Gulf Stream
New evidence of changes to the Gulf Stream during the last ice age could indicate additional sensitivity to future climatic changes, a study led by University College London (UCL) researchers has ...