Launching one of the richest individuals on earth into orbit has proved a leap too far for insurers, who are not ready to price the risk of losing Jeff Bezos or his fellow space travelers. Amazon CEO Bezos, a lifelong …
Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the world’s leading reinsurance firms. Overall, the northern nation has …
WASHINGTON — We are becoming a nation of amateur actuaries, calculating the risk of restarting our lives. Can we go outside? Can we go back to work? Can we go to a restaurant or bar? Can we go to the …
NEW YORK — Anna Alexander, a property manager in Virginia Beach, Virginia, started the day Monday thinking that she might avoid shaking hands because of the coronavirus outbreak. Then somebody stuck out a hand to shake. She took it. “I’m …
LOS ANGELES — More than three years after California voters broadly legalized marijuana, a state panel is considering if its potent, high-inducing chemical _ THC _ should be declared a risk to pregnant women and require warnings. Studies have indicated …
Here’s a job any worker would be happy to pass off to a drone: Imagine crawling down a ladder into the vast darkness of a 20-story-high storage tank filled with toxic chemical fumes to spend hours searching for corrosion. More …
The Florida sinkhole that swallowed two homes last week isn’t getting any deeper, but it’s getting wider, officials said Wednesday – and one resident who’s back home after being evacuated is vowing to stay unless the hole consumes her house. …
It’s a scary world out there, risk experts agree, but they say Donald Trump and Hillary Clinton often focus on the wrong dangers – fixing on hazards that are unlikely, or unlikely to cause massive pain. The Associated Press asked …
CSC, a provider of technology-enabled services, announced the establishment of the Insurance Cybersecurity Advisory Council for life insurance and annuity providers and property/casualty insurers to facilitate the development of best practices and technology strategies that effectively mitigate the risk of …
Police in Scotland are warning people to stay off the roads as winds battering the country are expected to strengthen. Gusts of up to 85 miles per hour (137 kph) have forced schools to shut and disrupted transport, canceling trains …