risk management

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California considering new insurance rules

Wildfire-prone California to consider new rules for property insurance pricing

A new plan from California's insurance commissioner aims to keep the nation' stop insurers from leaving the wildfire-prone state.
Fannie, Freddie take a close look at mortgage risks as climate events multiply
www.politico.com

Fannie, Freddie take a close look at mortgage risks as climate events multiply

The recent gathering shows the data is beginning to point to connections between housing prices and the changing climate.
Bill McKibben: Former Exxon chief Lee Raymond shouldn't be on JP Morgan Chase's board
www.nytimes.com

Bill McKibben: Former Exxon chief Lee Raymond shouldn't be on JP Morgan Chase's board

Shareholders at JP Morgan Chase should block a former Exxon chief from another term on the bank’s board.
Senator Gillibrand proposes money, oversight to boost dam safety
apnews.com

Senator Gillibrand proposes money, oversight to boost dam safety

An Associated Press investigation published last month found scores of potentially troubling dams located near homes and communities across the country.

As wildfires get worse, insurers pull back from riskiest areas
www.nytimes.com

As wildfires get worse, insurers pull back from riskiest areas

A growing number of Western homeowners are being dropped by their insurance companies, prompting warnings from officials and worries about what comes next.
California  legislature approves wildfire bill, utility customers to pay $10.5 billion into fund
www.kqed.org

California  legislature approves wildfire bill, utility customers to pay $10.5 billion into fund

California lawmakers just approved a complex bill that would change how the state pays for damages from wildfires caused by utilities.
Texas-based AT&T is getting ready for climate change, even if Trump isn’t

Texas-based AT&T is getting ready for climate change, even if Trump isn’t

Major corporations now face a serious dilemma: stand by federal rejections of climate change and climate action or take steps to adapt to a world where scientists say environmental changes may cost companies billions of dollars in repairs.

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