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Gregory DL Morris is an independent business journalist based in New York with 25 years’ experience in industry, energy, finance and transportation. He can be reached at [email protected]
As technology becomes more integrated into construction, surety underwriters need more comfort and clarity.
Public-private partnerships offer a way forward for infrastructure investment. To replicate Canadian successes, the U.S. must address risk management issues.
Major vessel loss frequency and cost trends pressure marine underwriters.
Allegations of short-selling based on cyber security rumors create a new vulnerability for risk managers.
Life Time Fitness finds a captive home in Vermont.
Severe weather incidents are increasing pipeline loss frequency, especially in places where environmental risk was not previously a problem.
Operators of underground storage tanks favor broad pollution liability and tank-only coverage over surety.
Funding shortfalls emerge in the decommissioning of unprofitable nuclear facilities.
No longer a niche market, loss histories for renewable energy are reworking how green is insured.
Carriers offering long-term-care coverage have been rocked by low lapse rates in a low-interest environment.
The Fort McMurray community is now focused on recovery, but it will be a long-term effort.
Bankruptcies across the coal industry reveal that some self-bonding programs are inadequate to meet environmental obligations.
Marine risk managers and underwriters confront the threat of cyber losses.
Improved analysis underpins coverage to smooth the intermittent nature of wind, hydro, and even solar power
Unpatched software remains a top cyber vulnerability. Low-tech “phishing” attacks continue to succeed.
Business interruption losses from the Alberta fire will be “massive” according to experts.
As some carriers pull back on business interruption coverage due to compounded exposures, insureds look to minimize risk.
Our health and economy are increasingly exposed to a long-documented but ignored risk.
A $1 billion bridge rebuild is boosted by new surety claims and liquidity elements.
Regulators have decided they can’t risk electricity shortfalls. A new insurance market may result.