Risk
Europe’s Heatwaves Expose Insurance Gap as Business Losses Mount
For more than a century, cafes in the Italian city of Padua have welcomed customers for an early evening drink, or aperitivo, encouraging them to sit outside and socialize before dinner. As Europe ...
Conflagration Key to Addressing Wildfire Risk: Report
A new report highlights the $1.4 trillion in exposure to 2.5 million U.S. properties due to wildfire risk and how the key to identifying such properties lies in determining how wildfire spreads. Ten ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Driving Above the Speed Limit Costs You, Doesn’t Save Much Time
Speeding in your car to work, to pick up your children from school, or from one errand to the next not only wastes money on gas and sends harmful emissions into the air; it barely saves you time, new ...
U.S. Forecaster Predicts More Than 90% Risk of a Strong El Niño
El Niño is strengthening, with a greater than 90% chance of a very strong event during the Northern Hemisphere fall and winter 2026-27, the U.S. Climate Prediction Center said on Thursday. "During ...
Federal Report Says Firefighting Tactics Aided Blast at Maine Lumber Mill
Firefighters who responded to a fire at a Maine lumber mill used tactics that inadvertently contributed to a massive explosion that killed three people, according to a report from federal ...
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk?
As climate events intensify, exposure is expanding, and loss severities from secondary perils, such as convective storms, wildfires, floods and hail, are no longer easily dwarfed by hurricanes or ...
AI’s Volatile Power Demand Is Damaging Its Own Data Centers
Rapid swings in AI data centers' power demands are straining vital equipment, causing batteries, generators and cooling systems to malfunction or wear out far sooner than expected. As the AI boom ...
Rising Seas Not the Only Threat to Coastal Cities
A new study highlights the two fold threat coastal cities face: rising seas and sinking land. Researchers from the Technical University of Munich (TUM) and Tulane University found that this downward ...