Europe’s Wildfire Season Exposes Climate Insurance Gap
Domestic insurers are expected to absorb most of the losses from Europe’s worst wildfire season in recent history, but the blazes are also raising a bigger question: who will…
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Insurance Woes Amid US-Iran War Stall Airlines’ Return to Dubai
Challenges in securing insurance as hostilities between the U.S. and Iran escalate are slowing the return of some foreign airlines to Dubai, the chief executive of the entity that…
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Scientists Affirm Climate Change Fuels Extreme Weather
Human-induced changes to the global climate have “a direct and well-understood impact” on extreme heat and rainfall, according to a landmark new U.S. National Academies report. The assessment comes…
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PG&E Says Power Shutoffs Required in California on Wildfire Risk
PG&E Corp. warned that power shutoffs will be required on Wednesday and Thursday in three California counties as dry conditions and gusty winds increase fire risks. PG&E is taking…
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NYC Crews Stabilize Midtown High-Rise, Reopen Nearby Streets
New York City officials began reopening streets and allowing people back into nearby buildings on Wednesday after crews took steps to stabilize a compromised section of a Midtown Manhattan…
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El Niño Likely Strongest in 75 Years, Forecasters Say
The weather-roiling El Niño that emerged across the Pacific last month has continued to build and will likely be one of the strongest in more than 75 years, the…
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Premiums Will Skyrocket by 2035, and Discounts Not Enough for Wind Mitigation, Studies Say
Home fortifications, from roof tie-downs to window protections, have been recognized as key factors in reducing losses, claims and premiums in hurricane-prone states like Florida. But relying on the…
