Articles on Insurance

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Wildfires can destroy hundreds of homes within hours. PH2(AW/SW) Michael J. Pusnik, Jr / Navy Visual News Service / AFP via Getty Images

Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems

It’s not a question of if insurance will become unavailable or unaffordable in areas at high risk of wildfires, hurricanes and other damage – it’s a question of when. A disaster risk expert explains.
Cargo ships anchored in the Marmara Sea await to cross the Bosporus Strait in Istanbul, Turkey. The country is checking all ships’ protection and indemnity insurance coverage before letting them enter its waters, a blow to Russia amid smart new western sanctions. (AP Photo/Khalil Hamra)

Smart sanctions for a stupid war: The West finally gets clever about Russia

Just like how tax evasion brought down Al Capone, denying Russian ships protection and indemnity insurance could deliver a crushing economic blow to Vladimir Putin.

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