A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or very high environmental credit risk. That’s more than twice as much as when the Paris Agreement was announced in 2015, …
Climate change made droughts in the Northern Hemisphere droughts more likely this year, a new study by a team of U.S. and international scientists shows. The scientists, part of World Weather Attribution, a group that studies links between extreme weather …
Insurance professionals in the alternative energies sector may want to take note of a recent Bloomberg opinion piece that focuses on supply chain and supply chain risks due to rising energy costs. It calls 2022 “a blockbuster year for energy …
Cannabis sales continue to rise, and states continue to legalize it. There may be a few clouds in the cannabis industry forecast, which have some specialty brokers dealing with these challenges. But overall, the outlook for cannabis is upbeat. Sales …
Atmospheric rivers that bombard the Western U.S. from time to time could result in as much as $3.2 billion in flood damage by century’s end, according to researchers who published a new study in the journal Scientific Reports. Atmospheric rivers …
If you’re looking for a niche within a niche, insuring cannabis seeds be the answer. The U.S. Drug Enforcement Administration declared in a memo issued in April that cannabis seeds that don’t exceed the .3% THC limit do not fall …
A provider of predictive data and analytics for climate risk and resilience is partnering with global environmental organization The Nature Conservancy to protect sensitive natural areas and provide estimates of future heat and water stresses associated with climate change in …
As the U.S. West heads into the hot, dry summer months, a growing number of indications point to a potentially bad wildfire season. In the past two months, two analyses have emerged from fire weather experts using words like “intense,” …
Data on injured workers from the nation’s most mature adult-use cannabis market is pretty boring. No excessive claims resulting from injuries suffered by stoned forklift drivers, high cultivators, or even dispensary workers who were hurt during a robbery. How about …
A number of businesses within the U.S. insurance sector are trying to weaken or delay emerging climate-related insurance regulation at federal and state levels, according to climate think tank InfluenceMap. Research from the group released on Thursday reportedly shows that …