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Risk News
Israel Flight Cancellations, Ticket Prices Leave Some Stranded
Oct. 12, 2023 11:34 am ET Airlines have suspended flights into Israel en masse, leaving people seeking to exit from the country contending with fewer
PG&E's $6 Billion Plan to Prevent Wildfires Is in Peril
California regulators are likely to significantly restrict the number of power lines the company can bury in the coming years in favor of other ways
Ukraine's Push Into Green Energy Starts With 5,600 Tons of Cow Dung
The agricultural powerhouse wants to turn farm waste into energy to secure supplies and diversify its economy amid the war with Russia. Source link
UAW Threatens Strikes at Certain Plants if It Can't Reach Labor Deals
The union plans to hold targeted strikes at certain U.S. auto factories if it can’t reach new labor deals with Detroit automakers by late Thursday.
U.S. Arms Makers Look Overseas to Boost Stockpiles
With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad. Source link
Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires
As wildfire risk spreads from Oregon to Hawaii, utilities weigh whether to leave customers in the dark when winds pick up. Source link
Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks
Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has garnered interest amid tough conditions
The Panama Canal Has Become a Traffic Jam of the Seas
More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings. Source link
Hawaiian Electric Is in Talks With Restructuring Firms
The utility is facing mounting litigation alleging it was negligent before and during the Maui wildfires. Source link
Ukraine Offers Plan to Bypass Russia's Black Sea Blockade
Kyiv said it was opening temporary routes for civilian ships to sail from its Black Sea ports in a potential challenge to Russia’s attempt to