Climate change could cost London as much as £36 billion ($50 billion) a year by the 2050s, the Mayor of London’s office said in a report.Lost working hours, disruption to businesses and damage to infrastructure caused by extreme weather in …
There’s a flurry of construction in Pacific Palisades, more than a year and a half after a wildfire ravaged the Los Angeles enclave in the most destructive blazes in Southern California history. There’s also a lot of frustration. At the …
A California agency on Wednesday approved long-delayed regulations designed to protect homes from wildfire, but they’re less stringent than defenses recommended by scientists and firefighters. The new rules, which apply to about 2 million homes, were mandated by a 2020 …
The gap in average claims severity between repairable battery electric vehicles and internal combustion engine automobiles hit the lowest level on record in both the U.S. and Canada, a new report shows. Mitchell released its latest Plugged-In: EV Collision Insights …
A former Maryland police officer has been sentenced for his role in an auto-insurance fraud scheme that involved several other police officers over several years. Michael Anthony Owen, Jr., of Accokeek, a former Prince George’s County police officer, was sentenced …
Daniel Ilg started out in the freight brokerage industry at 14 years old, learning from his dad how to match trucking companies with loads of goods that needed to move around the country. About two decades later, now running the …
The U.S. Securities and Exchange Commission on Tuesday sued the former CEO and two other top executives of Tricolor, the latest fallout after the collapse of the Texas-based used-car seller and subprime lender last year. The SEC charged former CEO …
Latin American non-life insurers are moving into a softer part of the cycle, but they are doing so from a position of relative strength. After two years of pricing adjustments in response to the effects of the pandemic and the …
Munich Re Group on Aug. 19 said it has agreed to acquire cyber insurtech At-Bay, Inc. for $575 million. The cyber insurance and managed detection and response (MDR) provider primarily serving small- to medium-sized enterprises in the U.S. will be …
Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals. Ninety-nine proposed plants tracked by BloombergNEF would …