A number of commercial insurance carriers have now announced that they will limit their investments and underwriting activities around coal, including Chubb.
After Super Storm Sandy and Hurricane Harvey, 30-year-old Arianna Armelli dedicated her life’s work to preventing flood damage, creating Dorothy in the process.
A new UN report warns that climate change will have dire effects on the global food and water supply, potentially making some parts of the globe uninhabitable and begging the question: when will we get serious about climate change?
A recent bourbon warehouse fire in Kentucky provides yet another example of the environmental risks that can follow on the heels of catastrophes, such as fire or flood.
Adopting smart surfaces city-wide provides a broad range of financial benefits and risk reduction impacts, including increased climate resilience and lowered risk of credit rating downgrades.
Aon broker Max West is a pioneer in developing environmental liability coverage for unknown formerly owned and operated properties long after they have been sold.
European insurers have taken measures to withhold the backing of coal mines and other ventures that contribute to global warming. U.S.-based insurers have been less than outspoken on the topic.
Alexander Brown, Assistant Vice President, EPIC “Just this year Alex [Brown] obtained for us a higher policy limit and realized premium savings versus expiring coverage and also obtained for us an additional $1 million limit for defense outside policy limits,” said one risk, finance and insurance manager. Brown worked with regulators to draft the language,… View Article
Experts have developed a rating system for a newly studied weather phenomenon called atmospheric rivers — long, narrow collections of water vapor that cause rain and snow.