The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank board member Isabel Schnabel said. Initially …
Although total return reinsurers, which like to take more risk on the investment side of their balance sheets than other reinsurers, have the potential to generate significantly higher investment returns than traditional reinsurers, AM Best says the results of those …
The updated estimate of the insured property market loss for floods that hit February 9 to 29, 2020, across the United Kingdom is £375 million. PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, said it based its estimate …
The U.S. government’s road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled. The National Highway Traffic Safety Administration was scheduled to roll out the free app for both Android and Apple phones …
Britain’s medical regulator will be able to grant temporary authorisation for any coronavirus vaccine that meets safety and quality standards but before it has received a full license, under new plans set out on Friday. The government said that under …
Tennessee Gov. Bill Lee has once again extended the state of emergency until the end of September. Lee, a Republican, initially imposed the state of emergency on March 12 in order to free up funding and relax rules regarding the …
A county worker was killed and three firefighters were injured after a sidewalk in a Florida suburb collapsed on Friday. The Seminole County Fire Department tweeted that firefighters responded to a report of a trapped person in Lake Mary. Officials …
Uber Technologies Inc. vowed to make public more safety information regarding its self-driving cars after the National Transportation Safety Board placed partial blame for a fatal 2018 crash on the company’s policies. The company made the pledge in an update …
A federal judge on Friday rejected the New York Times’ bid to dismiss Sarah Palin’s defamation lawsuit over a 2017 editorial she said falsely linked her to a mass shooting. U.S. District Judge Jed Rakoff in Manhattan said that while …
A chlorine chemical fire that erupted last Thursday, triggering shelter-in-place orders and closing roadways in the aftermath of Hurricane Laura, has been brought under control, the plant’s owner said on Friday. KIK Custom Products said the site is secured and …
