For cargo transportation companies transitioning their fleets to clean energy sources, there are benefits in publicizing a formal ESG platform — but also risks. Fortunately, insurers are there to help them navigate the way.
We spoke to Alliant’s Molly Lovelette about the many changes affecting green energy — from new technology and increased government investment to the growing menace of climate change — and what advice she has for brokers looking to enter the sector.
A recent ransomware attack on the Colonial Pipeline left much of the Eastern U.S. in fear of serious fuel shortages. This attack highlights inconsistencies and weakness within the U.S. IoT cyber security capabilities.
Mutuals and captives seem to be the insurance approaches that are still providing useful cover to coal-burning power plants. That being said, there is no rush to replace capacity that is leaving the market.