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Risk Management Solutions says Sandy's impact on the East Coast is much more severe than last years Hurricane Irene. As emergency personnel, modelers and insurers assess the ultimate damage, some have connected the storm to hot topics such as federal risk-management strategies, insurers' disaster responses, and climate change.

The insurance industry must play a key role in spurring positive movement on dealing with the environmental issues caused by climate change, says a report from the advocacy group Ceres.

INSTITUTIONAL investors and environmental advocates are urging companies to follow a new guide on how to disclose their risks from the impact of climate change, according to a Reuters report.

A decade ago, insurers and agencies jumped on the green bandwagon, certain that the sustainable trend would grow. But slow growth in a stagnant economy keeps them waiting for delivery on the promise.

A decade ago, insurers and agencies jumped on the green bandwagon, certain that the sustainable trend would grow. But slow growth in a stagnant economy keeps them waiting for delivery on the promise.

Insurance commissioners in New York, California and Washington State will require that insurance companies disclose their responses to the risks their insureds face from increasingly severe storms and wildfires, rising sea levels and other consequences of climate change.

Citing the need for regulators to understand how the risk of climate change can impact carriers, three states say they will require insurers to respond to the climate-risk survey adopted by the National Association of Insurance Commissioners in 2009.

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.