Surely, then, it is a bad time to own catastrophe bonds? These are securities that protect issuers, mostly insurers and governments, from severe losses in the event of a natural disaster by paying ...

California is one of the most resistant, and until recently refused to let insurers raise premiums or reflect climate-catastrophe risks in their pricing. Insurers doing business in such heavily ...

According to reporting from RBC, it's claimed the defendants, who worked for the Smolensk nuclear power plant (NPP) capital construction department, had been accepting money in advance of ...

The increase in costly climate-related disasters has fueled the growth of so-called catastrophe bonds in the past few years. These are bonds issued by insurance and reinsurance companies — and s ...

When Gov. Maura Healey told MSNBC she would do “everything in her playbook” to protect known rapists and criminals in migrant shelters — her so-called “Healey Hotels” — I realized it ...

Manuel Martinez/WBEZ Share Just two days before a new Chicago school board is sworn in, a report is laying out the stark financial challenges members will face and recommends the board make cuts ...

The ripple effects of this catastrophe go well beyond putting an ugly face on the American Dream. They undermine the foundations of political order worldwide. What standing do Western democracies ...

WASHINGTON — President Biden repeated what power utilities say is a false explanation of dry fire hydrants while defending California Gov. Gavin Newsom and Los Angeles Mayor Karen Bass — after ...

Wonder Land: The debacle of President Biden's final year in office was his conscious choice. Photo: Will Oliver - Pool via CNP/Zuma Press The politicians are blaming each other for the losses in ...

On October 7, 2023, the decades-long conflict in the region experienced an unprecedented escalation when Hamas and other Palestinian armed groups launched a deadly attack on Israel. The attack killed ...

Santa Ana winds are infamous for driving fast-moving fires in Southern California, pushing embers well beyond a blaze’s boundary and into neighborhoods and across major roadways. But officials ...