Insurers pay when wildfires rage and hurricanes thunder in from our oceans. The drive is on for the industry to reduce its support for the fossil fuel use that contributes to climate change.

On July 14th, California Insurance Commissioner Ricardo Lara launched the first database of more than 400 eco-friendly insurance products.

Beecher Carlson Power Broker Susan Garrard makes her mark in renewable energy.

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.

This year, six brokers from across the brokerage field were named as the 2020 Traditional Energy Power Broker winners. Two additional brokers were named as finalists.

This year, 6 brokers from across the field were named as the 2020 Nonprofit Power Broker winners, along with one finalist.

If it can be determined that individual companies are responsible for climate change, investors and insurers might want to brace themselves for massive payouts.

A number of commercial insurance carriers have now announced that they will limit their investments and underwriting activities around coal, including Chubb.

The business of placing coverage for alternative energy projects has gotten a lot more complicated.

Alternative energy insurers are finding that frequency and severity in solar and wind farm losses are greater than they ever imagined.

In a bifurcated market, capacity abounds generally, but can shrink markedly for some high-hazard environmental risks.

Joey Hayles of Crestwood Equity Partners talks technology, regulatory tribulations and the transition to a carbon-free future.

These attacks on Saudi oil had reverberations on the global economy, including oil prices rising sharply on news of the bombings.

Tariffs, opposition from the fossil fuel industry and the vulnerability of supply chains for rare earth elements are all concerns for the renewable energy industry.

From traditional risks like safety and oil volatility to emerging exposures like climate change litigation, here are the top risks facing the sector today.

Amanda Lania, Account Manager, Beecher Carlson “We have had the privilege of watching Amanda’s career as she has truly developed as an insurance broker,” said a risk manager of Beecher Carlson’s Amanda Lania. “Recently, we were putting together — at the 11th hour, of course — an extensive request-for-proposal bid response. Amanda, without blinking, jumped… View Article

James Bennett, Vice President, Aon “In the second half of this year, we had many changes. [We] spun-off one business segment into its own public entity,” said one risk manager.“ Then, just a few weeks later, we were purchased by a major global corporation. “To meet all contractual requirements, we had to develop and obtain… View Article

Jonathan Ball, Managing Director, Marsh “We started putting our general, umbrella and excess liability into a captive in 2017,” said one manager of risk and insurance. “It should not have been difficult but our carrier really struggled with how to handle the paper. “We talked to them about it months in advance and every time… View Article

State-sponsored cyber attackers have all the time and resources they need to probe and then inflict damage on critical infrastructure.

Pipeline explosions are scary and can be deadly; but ample insurance capacity is available.