Risk
How to Safely Ride Elevators During COVID (Simulated Queuing Models)
Now that COVID-19 vaccines are within reach, city officials, business administrators, and high-rise building managers are planning how to safely and efficiently open offices as people come back to ...
Munich Re’s 2020 Profit Plunges 55%, Spurred by COVID Claims
Munich Re reported a profit of €1.21 billion (US1.47 billion) for 2020, a 55 percent decline from the €2.71 billion (US$3.29 billion) reported for the previous year. The reinsurer's Q4 2020 ...
Chubb, AXA Among 15 Insurers Ceasing Business With Nord Stream 2 Pipeline to Avoid Sanctions
Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia's Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration ...
Level of Climate Change Worry Unchanged During Pandemic: UK Study
COVID-19 has not made people any less concerned about climate change—despite the pandemic disrupting and dominating many aspects of their lives, a study suggests. Over a period of 14 ...
Emerging Damage: The Case of Melamine
Emerging risks evolve through three phases: emerging interest, emerging damage and emerging litigation. During the "emerging interest" phase, scientists, regulators or legal scholars first flag the ...
Update: Wife Sues Husband’s Employer for Causing Her COVID-19 Infection
A federal judge is weighing what she called a first-of-its-kind lawsuit that would hold an employer responsible for a worker's spouse getting sick with COVID-19. Plenty of families have sued ...
Homeowners Insurance Will Book Modest Underwriting Loss for 2020: Fitch
The homeowners insurance industry is poised to shift to a modest underwriting loss for 2020, reports Fitch Ratings, citing losses from natural catastrophes and managing operations amid the global ...
Winter Storm Uri Will Produce ‘Billions of Dollars’ in Insured Losses: Moody’s
Snow, ice and some of the most frigid temperatures in decades in the southern United States will produce insured losses "in the billions of dollars," Moody's said in new commentary released on Feb. ...