energy

• New York Lays Out $20B Plan to Adapt to Climate Change

  By Hilary Russ, Reuters  |  June 12, 2013

  New York Mayor Michael Bloomberg on Tuesday announced a $20 billion plan to prepare for rising sea levels and hotter summers expected as a result of climate change in the coming decades.

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  Cyber Insurance Take-Up Rate Among Fortune 500 Very Low

  By Anya Khalamayzer, PropertyCasualty360.com  |  June 10, 2013

  More than half of Fortune 500 firms believe their firms would be seriously harmed by a cyber-attack, but many are still unprepared for one, shows a Willis North America study.

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  Space Weather Forecast: Blackouts with a Chance of Business Interruption

  By Anya Khalamayzer, PropertyCasualty360.com  |  June 6, 2013

  Solar activity predicted to peak in early 2015 may release powerful geomagnetic energy that can disrupt electric grids, causing widespread blackouts and disrupting markets, says Lloyd’s of London.

• Walk the Line

  By Chris Amrhein  |  June 1, 2013

  Ah, June: baseball, kids getting out of school, warm weather, summer showers and long walks in the pleasant evenings.

• Adjusters and STEMS

  By Ken Brownlee, CPCU  |  June 1, 2013

  Each of the five STEMS factors have a significant role in insurance, claims adjustment, and risk management. For example, without engineering loss control would be useless.

• Diamond Sponsors and Swag

  By George Grieve  |  June 1, 2013

  Many of you flat-landers out there will be surprised to hear that I left the ACORD LOMA Forum in early May, came home and skied. Snowbird Ski Resort, which sits majestically about 7,000-feet above the Salt Lake Valley in Utah, is our “local mountain.” Long after the destination resorts of...

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  6 Tips for Buyers to Navigate M&A

  By Hannah Bender, PropertyCasualty360.com  |  May 31, 2013

  An M&A does not have to be complicated. Following these six simple steps will help facilitate the process, ensuring organization for optimum efficiency.

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  Recent Tornadoes a Result of Climate Change?

  By Phil Gusman, PropertyCasualty360.com, Christina Bramlet, PropertyCasualty360.com  |  May 29, 2013

  Damage caused by the massive storm system responsible for deadly tornadoes, including the one that struck Moore, Okla., has renewed the argument over a potential link between severe weather and climate change.

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  Insurance IT Conferences: Diamond Sponsors and Swag

  By George Grieve  |  May 24, 2013

  It is also conference season, when insurance professionals shake off the long cold nights and head somewhere (often south) for their annual IT and business get-together.

• Karen Clark & Co. Tool Allows Users to Create Hurricane Tracks, Estimate Losses

  By Phil Gusman, PropertyCasualty360.com  |  May 20, 2013

  Karen Clark & Company releases WindfieldBuilder—a tool that allows insurers to create hurricane tracks and wind speeds to estimate damage to exposures.

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  The 'In-N-Out' Urge and Claims Efficiency

  By Christopher Tidball  |  May 7, 2013

  The In-N-Out Burger phenomenon offers claims lessons in timeliness, quality, and even comparative negligence.

• On Climate Change, A ‘Do-Nothing’ Strategy Is Not Risk-Free

  By Evan Mills  |  May 1, 2013

  Whatever insurers may think about the presence or causes of climate change, one thing is certain: the business climate is changing, and rapidly.

• FSU Develops Metric To Better Gauge Destructive Potential of Hurricanes

  By Staff Writer  |  April 24, 2013

  TIKE is intended to offer more skillful predictions of storm's wrath while helping improve global climate models.

• RIMS: Strategic Risk Management Has Room to Grow

  By Anya Khalamayzer, PropertyCasualty360.com  |  April 23, 2013

  Executives see risk management as a significant and desired role in an organization, but a study shows the role hasn’t yet tapped into its full potential to grow enterprises and strengthen their bottom lines.

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  Sandy Shook the Earth, Helping Scientists Study Crust and Upper Mantle

  By Staff Writer  |  April 19, 2013

  Before Superstorm Sandy struck New Jersey and New York, the storm made a turn to the northwest toward land, rattling the ocean floor and setting off seismometers across the U.S., according to University of Utah researchers.

• Willis: Downstream Energy Market Gripped by 'Atmosphere of Pessimism'

  By Phil Gusman, PropertyCasualty360.com  |  April 16, 2013

  An “atmosphere of pessimism” has taken hold of the “downstream” energy-insurance market after two poor underwriting years, and while capacity has not been impacted yet, one or two exits by leading insurers could trigger a wider withdrawal, a new report says.