Risk
$2.5 Trillion in Global Disaster Losses Since 2000: U.N. Report
Economic losses from disasters since 2000 are in the range of $2.5 trillion, a figure at least 50 percent higher than previous international estimates, according to a U.N. report. The U.N. Office for ...
New Federal Fracking Rules Proposed; Won’t Apply To Drilling On State Lands
On Thursday, the Obama administration unveiled a new proposal for regulating hydraulic fracturing on federal lands, rolling back some measures from its original, abandoned draft as it sought to ease ...
Insurance Ops Still AA+ At Berkshire, But S&P Cuts Holding Co. Credit Rating
Applying a new group rating methodology to its assessment, Standard & Poor's lowered the counterparty credit rating for Warren Buffett's Berkshire Hathaway Inc. by one notch—to "AA" from ...
How Good Are Hurricane Forecasts?
Hurricane forecasts are very interesting and well publicized in the media, but how reliable are they? Not very, according to catastrophe modeling expert Karen Clark, who provides a chart of seasonal ...
Karen Clark Explains The Basic Facts About Hurricanes
The 2013 hurricane season is upon us and with it the usual spate of hurricane predictions. Most forecasts will call for an active, above average season in 2013, due to factors such as warm sea ...
Will Supreme Court Enter Climate Change Debate?
With a barrage of legal briefs, a coalition of business groups and Republican-leaning states are taking their fight against Obama administration climate change regulations to the U.S. Supreme Court. ...
More Than 40% Of Countries At Risk For Terror Attacks: Aon
The continued threat of a terrorist attack or political violence worldwide persists and is not going away anytime soon. Despite 19 countries showing improved terrorism and political violence ratings, ...
Bottom-Line Cost May Be Too Steep For ‘Talking’ Cars’ Acceptance: U.S. Transport Chief
Cars that "talk" to each other to avoid crashes or traffic jams, like those being tested here, will save lives but the cost of the systems will determine consumers' acceptance of such technology, the ...