insurance – Page 2 – Thinking Port

NOAA & NSF Researching Insurance Industry’s Climate Needs — New Research Center

May 20, 2023 admin climate change, insurance, insurance companies, national oceanic and atmospheric administration (noaa), national science foundation, NOAA, policy & politics, research, SCIENCE

Credit to Author: Guest Contributor| Date: Wed, 17 May 2023 14:40:49 +0000

Whether you own a home, a business, or other assets, insurance is an important part of any budgetary calculation involving protection of property. While the insurance and reinsurance sector are at the forefront of translating weather and climate information into financial and societal risks, the industry’s focus has been on use of catastrophe models rather […]

Magazines

Effects of Evolving NatCat Risks on Reliability and Insurability of Renewable Assets

May 1, 2023 admin aon, Business, hail damage, insurance, Lightning, natcat, natural catastrophe, news, power, Renewables, risk, severe weather, Solar, solar pv, Wind, wind turbine

Credit to Author: Contributed Content| Date: Mon, 01 May 2023 04:09:58 +0000

News on extreme weather events in the U.S. report an increase in both frequency and size over the last couple of years, including thunderstorms, tornadoes, convective storms, flash floods, hurricanes, […]

The post Effects of Evolving NatCat Risks on Reliability and Insurability of Renewable Assets appeared first on POWER Magazine.

CleanTech Energy News Science

Washington Wants Robotaxis To Carry MASSIVE Insurance

January 5, 2023 admin autonomous cars, autonomous vehicles, cars, clean transport, electric cars, Electric vehicles, ev insurance, insurance, robotaxis, Washington

Credit to Author: Jo Borrás| Date: Mon, 02 Jan 2023 23:12:50 +0000

Want to run a robotaxi in Seattle? You’ll need $5 million in insurance!

CleanTech Energy News Science

Tesla Insurance Grows: Where You Can Get Tesla Insurance Now

December 14, 2022 admin auto insurance, car insurance, cars, clean transport, consumer technology, electric cars, Electric vehicles, insurance, tesla, tesla insurance

Credit to Author: Guest Contributor| Date: Sun, 11 Dec 2022 15:15:38 +0000

Since Tesla launched its own insurance service in California nearly two years ago, the automaker has expanded the program across several U.S. states. Tesla recently expanded the insurance plan to its 12th U.S. state, and it says it eventually plans to expand to all 50 states. Tesla’s insurance plans recently expanded into Minnesota, according to […]

Magazines

Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables

October 18, 2022 admin Business, climate change, Extreme weather, gcube, hail damage, insurance, Markets, news, Renewables, risks, Solar, solar pv, supply chain, Wind

Credit to Author: Sonal Patel| Date: Tue, 18 Oct 2022 14:34:57 +0000

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

The post Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables appeared first on POWER Magazine.

CleanTech Energy News Science

Tesla Insurance Expands To Nevada — 9 States In Total

June 18, 2022 admin auto insurance, car insurance, cars, clean transport, electric cars, Electric vehicles, insurance, nevada, tesla, tesla insurance

Credit to Author: Johnna Crider| Date: Sun, 19 Jun 2022 02:46:29 +0000

Tesla Insurance has expanded to Nevada, making it the ninth state to get Tesla’s in-house insurance program. There were reports that Florida and Maryland could be next, but although Tesla has made moves there, neither of those states became the ninth to get Tesla insurance. Tesla Insurance was launched in 2019 in California, and during […]

Canada News Vancouver

B.C. flood survivor warns others to check insurance amid rising climate disasters

April 15, 2022 admin British Columbia, Flooding, floods, insurance, local news, merritt, news, Weather

Credit to Author: The Canadian Press| Date: Fri, 15 Apr 2022 15:08:24 +0000

“We thought we were covered,” she said. “I just finally have kind of realized that we have no home left. And everything we’ve worked our butts off for is gone.”

Canada News Vancouver

B.C. cyclist hit by car gets $3,752 bill from ICBC for car's damage

March 30, 2022 admin icbc, insurance, local news, news

Credit to Author: Gordon McIntyre| Date: Thu, 31 Mar 2022 02:15:15 +0000

“You are responsible for any resulting damage or injury sustained by our insured … you must pay this amount to ICBC,” letter reads

Canada News Vancouver

Federal ministers say a national flood insurance program is needed

March 17, 2022 admin Federal Government, Flooding, floods, insurance, local news, national, news, storm, Storms

Credit to Author: The Canadian Press| Date: Fri, 18 Mar 2022 00:18:54 +0000

On Monday, federal Minister Bill Blair finished a tour of B.C. communities that experienced those devastating floods, where some people still have not been able to move home.

CleanTech Energy News Science

ESG Issues Increase in Importance in India

February 17, 2022 admin green economy, India, insurance, investment, life insurance, life insurance corporation of india

Credit to Author: David Waterworth| Date: Wed, 16 Feb 2022 16:38:33 +0000

In a signal that Environmental, Social and Governance (ESG) issues are becoming more and more critical in the finance sector, the Indian finance ministry is working to complete an ESG rating for the Life Insurance Corporation of India (LIC). India’s largest institutional investor is planning to list with an initial public offering (IPO) as early […]