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Fewif anyindustries would seem to face a greater existential threat from the effects of climate change than insurance. As flood waters rise, as hurricanes and tornadoes grow more intense and as droughts last longer, trillions of dollars of insured assets are at risk. In the ugliest scenario imaginable, even the...

Munich Re is now offering coverage for offshore wind energy units as part of its renewable-energy service, including corresponding cover for a North Sea wind farm.

As more insurers compete for less construction business, project owners and general contractors can find ample Builders Risk insurance at reduced or stable rates for projects that are not exposed to catastrophes, market executives say.

Aon Risk Solutions has teamed with Australian renewable-energy developer EnviroMission Ltd. to provide insurance and risk consulting for the La Paz Solar Tower station development in Arizona.

While the excess and surplus lines sector is maintaining good profitability and strong balance sheets, challenges from high-catastrophe exposures and low interest rates remain, says a Moodys Investors Service report.

The average commercial premium for a solar-energy policy is $5,000 to $15,000 a year, says William Dyer, commercial-lines coverage specialist and vice president and co-founder of HCP National Insurance Services Inc. in Aliso Viejo, Calif. Liability limits can reach up to $20 million for inland marine policies and up to...

The average commercial premium for a solar-energy policy is $5,000 to $15,000 a year, says William Dyer, commercial-lines coverage specialist and vice president and co-founder of HCP National Insurance Services Inc. in Aliso Viejo, Calif. Liability limits can reach up to $20 million for inland marine policies and up to...

As both the price for and controversy around fossil fuels continue to grow, renewable-energy risks are becoming an increasingly standard part of many insurers portfolioswith wind and solar leading the green-power pack, far ahead of biomass production and hydroelectricity.