Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables

Credit to Author: Sonal Patel| Date: Tue, 18 Oct 2022 14:34:57 +0000

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

The post Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables appeared first on POWER Magazine.

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Tesla Insurance Expands To Nevada — 9 States In Total

Credit to Author: Johnna Crider| Date: Sun, 19 Jun 2022 02:46:29 +0000

Tesla Safety Score Tesla InsuranceTesla Insurance has expanded to Nevada, making it the ninth state to get Tesla’s in-house insurance program. There were reports that Florida and Maryland could be next, but although Tesla has made moves there, neither of those states became the ninth to get Tesla insurance. Tesla Insurance was launched in 2019 in California, and during […]

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ESG Issues Increase in Importance in India

Credit to Author: David Waterworth| Date: Wed, 16 Feb 2022 16:38:33 +0000

In a signal that Environmental, Social and Governance (ESG) issues are becoming more and more critical in the finance sector, the Indian finance ministry is working to complete an ESG rating for the Life Insurance Corporation of India (LIC). India’s largest institutional investor is planning to list with an initial public offering (IPO) as early […]

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Tesla Insurance Offers Several Benefits

Credit to Author: Johnna Crider| Date: Wed, 19 Feb 2020 04:50:17 +0000

The most important Tesla product isn’t any of its vehicles, but something else, according to Fast Company. It’s Tesla Insurance. The article opens up with praise as to how both Elon Musk and Tesla have “fascinated the world” with products such as the Tesla Model 3 and Tesla Cybertruck (reservation holders, represent!), but the article cites the fact that one product has been overlooked/under-acknowledged. It calls this product a “hugely important one,” and I agree

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