California’s property insurer of last resort told lawmakers that it’s financially unprepared to cover the...
Hailstorm Claims Risk Undermining Solar Energy, Insurer Says
Solar farms around the world are under threat due to costly hailstorm-related claims, according to renewable energy underwriter GCube Insurance....
Solar farms around the world are under threat due to costly hailstorm-related claims, according to renewable energy underwriter GCube Insurance....
Article / 4 months ago
U.S. Seeks Focused, Efficient Use of Global Climate Disaster Fund
When countries adopt a global fund for climate disaster losses and damages at this year’s U.N. climate conference, the U.S. will be arguing to efficiently limit its use, said U.S. officials giving a first...
When countries adopt a global fund for climate disaster losses and damages at this year’s U.N. climate conference, the U.S. will be arguing to efficiently limit its use, said U.S. officials giving a first...
Article / 7 months ago
NC Farm Bureau Can Keep $24M in Green Energy Tax Credits, Court Says
An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided,...
An insurance company is entitled to generous tax credits even if the carrier did not invest directly in renewable energy projects, a North Carolina court has decided,...
Article / 12 months ago
Extreme Weather Poses as Big a Threat to Global Energy Security as Ukraine War: WMO
Energy infrastructure will become more vulnerable to extreme weather such as heatwaves and hurricanes, the World Meteorological Organization...
Energy infrastructure will become more vulnerable to extreme weather such as heatwaves and hurricanes, the World Meteorological Organization...
Article / 1 year ago
Marsh Clients Can Pay Fees With Carbon Credits
Marsh announced that U.S. clients now have the option to pay their service fees in voluntary carbon offset credits and renewable energy certificates (RECs). The move — believed to be a...
Marsh announced that U.S. clients now have the option to pay their service fees in voluntary carbon offset credits and renewable energy certificates (RECs). The move — believed to be a...
Article / 2 years ago
Creaky U.S. Power Grid Threatens Progress on Renewables, EVs
After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power...
After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power...
Article / 2 years ago
Net-Zero Business Opportunities Could Double Size of London Insurance Market: LIIBA
The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International Insurance Brokers’ Association (LIIBA)...
The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International Insurance Brokers’ Association (LIIBA)...
Article / 2 years ago
Marsh McLennan Commits to Net-Zero by 2050
Marsh McLennan has made a commitment to achieve net-zero across its operations by 2050 and reduce its emissions by…
Marsh McLennan has made a commitment to achieve net-zero across its operations by 2050 and reduce its emissions by…
Article / 2 years ago
AXA Consortium in Talks to Buy Stake in Orsted's UK Offshore Wind Farm
Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England...
Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England...
Article / 2 years ago
Offshore Wind Project Spurs Legal Challenge From Oil Lobby and U.S. Fishing Industry
Members of the U.S. commercial fishing industry are teaming up with an oil industry-backed lobbying group to fight offshore wind energy development on the East Coast...
Members of the U.S. commercial fishing industry are teaming up with an oil industry-backed lobbying group to fight offshore wind energy development on the East Coast...
Article / 2 years ago