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Alternative energy insurers are finding that frequency and severity in solar and wind farm losses are greater than they ever imagined.
In this Q&A, the U.S. CEO of a global risk consultancy discusses why measuring loss expectancy is critical to understanding exposure.
The latest trifecta of hurricanes Harvey, Irma and Maria will leave behind serious pollution issues.
A swell of nuclear decommissioning projects is creating an emerging market for conventional insurance but also new risk-management approaches.
As warranties run out on wind turbines, underwriters gain insight into their long-term costs.
Overall economic impact may reach $100 billion.
The Fire Department of New York is concerned about grid storage safety.
The rapid rate of change in the energy sector requires a nimble and technically proficient underwriting approach.
The power of states and individuals to bring action in the case of an environmental event remains intact despite the new administration’s proposals.
Severe weather incidents are increasing pipeline loss frequency, especially in places where environmental risk was not previously a problem.
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.
The Fort McMurray community is now focused on recovery, but it will be a long-term effort.
New solar power technology adds clean energy opportunities as well as daunting risk challenges.
Bankruptcies across the coal industry reveal that some self-bonding programs are inadequate to meet environmental obligations.
Timothy Fischer makes the complicated job of managing risk for the sole producer of nuclear fuel to the U.S. government look easy. It’s not.
David Hornaday knows risk managers have to be more fluent and competent in the financial world. Just procuring insurance isn’t enough anymore.