municipal risk management News

Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change — or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate advocates cheered, hoping the prospect of …

A Southern California city has been told that it could lose its insurance if city officials and staff don’t start getting their act together soon. That was the warning from the California Joint Powers Insurance Authority, an insurance pool for …