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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.
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September 1, 2011
Space weather is a general term describing conditions in space that affect the Earth and our technological systems. Geomagnetic storms, which can not only cripple the electrical grid but also corrode oil and gas pipelines, are only one aspect of space weather.
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By Associated Press |
May 12, 2011
As water from the swollen Mississippi River poured over a century-old levee Thursday, officials downstream with the Port of New Orleans said the Coast Guard could close the river to ships as early as Monday, halting traffic on one of the world's busiest commercial waterways.
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By Associated Press |
March 21, 2011
Japan may need five years to rebuild from the catastrophic earthquake and tsunami that has caused up to $235 billion of damage, the World Bank said Monday.
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By Associated Press |
March 15, 2011
Shares in insurance and reinsurance companies were trading mostly lower on Tuesday, as investors absorbed the potential financial consequences on the sector from the deadly earthquake in Japan.
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By Chad Hemenway and Mark E. Ruquet, PropertyCasualty360.com |
March 11, 2011
Despite the size of its nonlife insurance market, Japan insurance penetration is very low, particularly in commercial and industrial lines, said modeler Risk Management Solutions.
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By Associated Press |
February 18, 2011
Towns along Louisiana's flat Mississippi River delta and elsewhere along the Gulf Coast face an uncertain future as the sea level rises and wetlands that surround them disappear.
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By Daniel Hays |
March 2, 2010
An early catastrophe modeling firm estimate puts the insured loss from the Chile earthquake at up to $2 billion.
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By Daniel Hays |
March 1, 2010
An early catastrophe modeling firm estimate puts the insured loss from the Chile earthquake as exceeding $2 billion.
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By Daniel Hays |
March 1, 2010
An early catastrophe modeling firm estimate puts the economic damage from the Chile earthquake at a staggering $30 billion.
