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August 2020 Fire Report: Hey, Insurance Companies! Not So Fast!

2020-09-09 14:24:00| Waste Age

Great news! After last months lowest July in terms of reported fire incidents, we had the lowest level of incidents since 2016 for the month of August. We experienced 30 waste and recycling facility fire incidents this month. The majority of these

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Shale Companies Look to Bolster Insurance for Directors, Officers

2020-06-10 11:10:00| OGI

Among the most notable Chapter 11 filings so far have been Whiting Petroleum Corp. and Diamond Offshore Drilling Inc., both of which filed in April.

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Coronavirus: Insurance companies pause dividend payments

2020-04-08 12:27:03| BBC News | Business | UK Edition

Insurers have followed regulatory advice to scrap dividends during the coronavirus crisis

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Insurance Companies Unwittingly Aid Marine Poaching

2016-06-11 13:01:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Authorities blow up a Thai fishing boat caught fishing illegally in Indonesian waters. A new study shows that some illegal vessels still carry marine insurance. Last spring, the Thunder, an alleged poaching vessel, met its end off the coast of So Tomé and sunk to its watery grave. The Thunder was allegedly part of an armada of fishing scallywags that cumulatively siphon billions of dollars a year from the global fishing economy and wreak untold damage on fisheries around the world. Now, recently...

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Insurance companies taking too big a risk on fossil fuels, report says

2016-05-24 22:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The US insurance industry, the countrys second largest institutional investor in oil, gas and coal with $459bn in fossil fuel investments, needs to divest or face serious threats to its financial stability, according to a report released Tuesday. The report, funded by Ceres, a Boston-based sustainability advocacy group, analyzes investment data from the countrys 40 largest insurance companies, including Prudential, AIG, Metlife, State Farm and Allstate. The report doesnt quantify the potential...

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