risk News

Delos and Lloyd’s Insurer to Expand Vacant Home Insurance in California

Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s of London. San Francisco, California-based Delos is a managing general agent that …

New Storms Hit California as Wet Winter Brings More Flooding, Winds and Heavy Snowfall

AccuWeather meteorologists on Sunday forecasted the “relentless wet pattern” will continue for residents along the West Coast at least the middle of the week, as stormy conditions will moved onshore withrounds of locally heavy rainfall and a renewed risk for …

Fire Restrictions Across Much Of Western Nevada Lifted After Six Weeks

Cooler temperatures and increasing moisture levels allowed state and federal public land managers last week to lift fire restrictions that have been in place across much of western Nevada since late July. An unusually mild wildfire season, combined with the …

California Voting on Increasing Storage At Site of Massive Methane Leak Despite Risks

California officials are expected to vote on a proposal to increase storage capacity at the site of the nation’s largest known methane leak that sickened thousands of families and forced them from their Los Angeles homes in 2015. The proposal …

California Awards $8M for Community Resilience Projects

The California Governor’s Office of Planning and Research announced $8 million in project awards through Round I of the Adaptation Planning Grant. The grant, funded through Gov. Gavin Newsom’s 2021-2022 climate budget and established through state law, are to support …

Climate Change Not ‘Serious Risk’ to Financial Stability, Fed’s Waller Says

Climate change does not pose such “significantly unique or material” financial stability risks that the Federal Reserve should treat it separately in its supervision of the financial system, Fed Governor Christopher Waller said on Thursday in a detailed rebuttal of …

Google’s Rush to Win in AI Led to Ethical Lapses, Employees Say

Shortly before Google introduced Bard, its AI chatbot, to the public in March, it asked employees to test the tool. One worker’s conclusion: Bard was “a pathological liar,” according to screenshots of the internal discussion. Another called it “cringe-worthy.” One …

Groups Say Fire Retardant Injunction Would Increase Western U.S. Risks ‘Dramatically’

Several groups of associations, cities and counties are attempting to challenge a case in Montana they say has the potential to take away an important tool from firefighting efforts at a time when Western U.S. wildfires are worsening. The groups, …

Forecast Calls for High Risk of Wildfires in Central Oregon

As summer approaches forecasters say Central Oregon has the highest fire risk of anywhere in the state. Oregon Public Broadcasting reports the latest fire season outlook, released this week by the National Interagency Fire Center, shows above-normal fire risk running …

Fewer Crashes After Utah Sets Nation’s Strictest DUI Law, Study Shows

Traffic deaths decreased in Utah after the state enacted the strictest drunken driving laws in the nation five years ago, new research published by a U.S. government agency shows. The findings, which pertain to fatalities involving and not involving alcohol, …