Risk
Insurers’ Climate Losses Almost Match Premiums From Fossil Fuels
Top insurance companies suffered $10.6 billion of climate-attributed losses this year, just shy of the $11.3 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023, ...
Malibu Avoids Widespread Ruin as Firefighters Gain Ground
Improving weather conditions and a massive counterattack by firefighters appear to be turning the tide in the Malibu wildfire, sparing the wealthy California enclave from large-scale property losses. ...
Viewpoint: Legislative Action Is Needed Now to Reduce Wildfire Risk
Wildfires, once sporadic and isolated, have escalated into frequent and devastating events, impacting not only remote forested regions but also urban communities. This alarming trend is evident as ...
Northeast U.S. States in the Wildfire Spotlight
States such as California are certainly experiencing a more ferocious wildfire season this year than a relatively quiet 2023. Combined CAL FIRE and U.S. Forest Service figures record over 1 million ...
North Carolina Town Sues Duke Energy Over Climate Crisis
A town in North Carolina sued utility firm Duke Energy DUK.N on Wednesday, accusing the company of deceiving its customers and the broader public about the harms of climate change. The town of ...
Target Must Face Shareholder Lawsuit Over Pride Backlash, Judge Rules
Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a ...
Economic Threats Top of Mind for Business Leaders
Economic downturn, labor shortages and inflation top the list of concerns for business leaders globally, according to the World Economic Forum's 2024 Executive Opinion Survey, released by strategic ...
Retail Workers Most Likely to Suffer Injuries First Year on the Job: Survey
As retailers scurry to high temporary workers for the holiday season, a new report indicates 38 percent of retail worker injuries happen within their first year on the job. With retailers expected to ...