by lpiccitto | Jun 17, 2025 | Uncategorized
The European Central Bank is embedding climate risk into regular reviews of how well banks can absorb losses, marking a new chapter in its supervisory approach. The intention is to “incorporate, more decisively and in a more business-as-usual way, climate …
by lpiccitto | Jun 17, 2025 | Uncategorized
A climate ratings firm created at French business university EDHEC has become the first to estimate projected financial losses for thousands of infrastructure assets under various climate change scenarios, its founder and chief executive said. Better understanding the...
by lpiccitto | Jun 17, 2025 | Uncategorized
Two tankers collided in waters off the United Arab Emirates and caught fire in the early hours of Tuesday, rattling global oil and shipping markets that have been closely monitoring navigation in the region since Israel began strikes on Iran …
by lpiccitto | Jun 17, 2025 | Uncategorized
A Michigan lawmaker has proposed legislation that would mandate auto insurance premium reductions of at least 10% on any new or renewed policy, a bill that the American Property Casualty Insurance Association (APCIA) says would destabilize the state’s market. SB...
by lpiccitto | Jun 17, 2025 | Uncategorized
St. Louis Mayor Cara Spencer signed an executive order to waive a 25% holdback of insurance payouts for property damage claims related to the May 16 tornado that damaged at least 10,000 properties in the city. The order instructs the …
by lpiccitto | Jun 17, 2025 | Uncategorized
Local officials warned more than half a million Iowans in the state’s capital city and suburbs on Thursday that near-record level of pollutants in its rivers could make drinking water dangerous if immediate steps are not taken to reduce demand. …
