Risk
Goldman, Regulator See Demand for Canada’s Insurers to Sell Cat Bonds
Canada's banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural disasters such as the record floods that inundated swathes of downtown Calgary in ...
Product Recall Capacity Needed for Life Sciences Segment
The life sciences industry has seen a dramatic increase in product recalls, and while insurance capacity for the industry in general has been increasing, insurers have been wary about offering more ...
NFIP Policy Cancellation Statistics: No Loss, No Insurance
A Wharton School professor advocates a multiyear flood insurance policy as part of a program aimed at getting owners of flood-prone properties to invest in loss prevention and to hold onto their ...
U.S. Industry Sees Carbon-Capture as Legal Chink in EPA Rules: Analysis
Faced with the Obama administration's new crackdown on power plant emissions, the coal and electric utility industry is honing a legal strategy it believes could derail the measures. New rules ...
U.S. Sets First Curbs on Power Plant Carbon Emissions
The Obama administration on Friday announced first-ever regulations setting strict limits on the amount of carbon pollution that can be generated by any new U.S. power plant, which quickly sparked a ...
California Law to Regulate Fracking Signed By Governor
California's first regulations on fracking and related oil production practices will go into effect next year in the most populous U.S. state under a bill signed into law on Friday by Democratic ...
Are Multiyear Policies the Answer For Flood? Behavioral Economics Meets Insurance
Buyers and sellers of flood insurance can benefit from a longer-term perspective, and long-term multiyear policies may be the key to reforming the current system, a Wharton School professor said last ...
Heartbreak for Some in Colorado With No Flood Policy
Jessica Klauzer-Zimmerman and her children have been sleeping on friends' couches since floodwaters sloshed into her Boulder townhouse—which wasn't covered by flood insurance. "We were told we ...