It may have been around 2017 when a true sense of urgency donned on insurers, public officials, residents and regulators in wildfire-prone California, as fires destroyed or damaged more than 10,000 structures in the state, a higher tally than the …
The California wildfire season is shaping up to be an ugly one, with a worsening drought and soaring temperatures in the Western U.S. Wildfires are already blazing across numerous states. As of early July, the number of fires in California …
An international group of 27 climate scientists have concluded that the recent heat wave in the Pacific Northwest was “virtually impossible without human-caused climate change.” National Weather Service reports show that in late June Seattle, Wash., reached all-time high temperature …
A perfect storm appears to brewing for homeowners and property insurers in the drought-plagued, wildfire-riddled U.S. West – and as odd as it may sound, the trouble may have begun with the pandemic. Property insurance rates and availability for homeowners …
By all accounts the California wildfire season continues to shape up to be a bad one, and another catastrophe modeling firm has reported sales of their products picking up due in part to carriers and reinsurers looking for more ways …
After hitting the halfway mark on the year and as we emerge from the pandemic, one has to wonder what the rest of the year will be like for cannabis businesses and those who work to insure them. The industry …
Severe drought and searing temperatures are not the only proof that Californians should be worried about wildfires this year. A glaring piece of evidence that there’s ample cause for concern is this: those who will be on the hook for …
The International Renewable Energy Agency says a surge in private lending for renewable energy projects this decade is a must in order to meeting global targets to limit the rise of temperatures worldwide. That’s according to a Bloomberg Green report …
When states declared cannabis operators essential during the pandemic, that kept cannabis dispensary doors open and boosted sales. That was fine and well, but it also had the effect of pushing up the costs of auditable policies – giving some …
There’s a shortage of carriers offering insurance to cannabis businesses in numerous states, causing these businesses to pay more for policies or go underinsured. Regulators in several states are stepping in and putting some time and resources into encouraging more …
