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By Contributing Author |
May 2, 2012
Because large-scale losses often create a shortage of suitable lodging in neighboring areas, it is imperative for insurers to partner with a 24/7 housing company capable of quickly securing temporary housing during a loss.
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By Laura Mazzuca Toops, PropertyCasualty360.com |
March 8, 2012
Predicting earthbound cats is hard enough; solar weather is a whole other story.
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By Bonnie Cavanaugh |
January 20, 2012
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...
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By Bonnie Cavanaugh |
January 6, 2012
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’ portfolios—with wind and solar leading the green-power pack, far ahead of biomass production and hydroelectricity.
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By Susan Massmann |
January 2, 2012
Evaluating the latest editions of the ISO commercial property causes of loss forms that contain utility services exclusions that preclude coverage for power or other utility failure that is supplied to a premises.
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By Michael R. Fusselbaugh |
December 13, 2011
Wind energy, smart meters and more green trends are changing the face of traditional equipment breakdown coverage.
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By Ethan Bilby, Reuters |
December 2, 2011
An upcoming cycle of stormy solar activity risks causing damage to electrical transformers and threatening vulnerable energy infrastructure around the globe, a report by an insurance group says.
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By Noaki Schwartz, Associated Press |
December 2, 2011
The powerful winds that tore across Western states Dec. 1 created a path destruction that closed schools, left neighborhoods with a snarl of downed trees and power lines, and prompted some communities to declare emergencies.
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By Ken Brownlee, CPCU |
November 28, 2011
As if there isn't enough to worry about what's happening on Earth, scientists are warning against space weather. Solar storms, they say, could wreak havoc on the electric-power supply, triggering losses from business interruption and damaged physical assets.
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By Nicole Homeier, Kyle Beatty & James Martin Griffin |
September 8, 2011
With modern society’s ubiquitous reliance on the electrical grid, “space weather”—such as a severe solar storm—can wreak havoc on the electric-power supply and trigger losses from business interruption and damaged physical assets.
