People often (wrongly) believe income protection insurance would be paid out if the person was unable to work due to losing their job for any reason.
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)
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.
Booming prices for coastal properties are a mark of our reluctance to reckon with the climate change that is already upon us. We must start to properly account for and act on climate risk.
Many businesses simply choose to pay a ransom than suffer the consequences of a cyber attack.
Zephyr_p/Shutterstock
Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.
Managed retreat is already common in flood-prone areas, but what about in neighborhoods at high risk from wildfires? Here are four ways communities can pull back for safety.
The price physicians charge for every surgery, checkup or other procedure has a precise formula behind it.
Morsa Images/DigitalVision via Getty Images
Some companies say they will cover travel expenses to help workers in states where abortion is illegal get the procedure, but doing so could pose legal challenges.
Kaliningrad is separated from the ‘motherland’ by Lithuania.
EPA-EFE/Valda Kalnina
Australia’s policies prevent the necessary action to not only address cities’ contribution to climate change, but also to protect cities from its impacts.
Building houses better at withstanding the impacts of climate change is one way we can protect ourselves in the face of future catastrophic conditions.
Disaster victims in Australia can wait months or years for insurance payouts – or can’t afford the premiums at all. As climate change worsens, we need a radical rethink.
The less we are insured, the higher the premiums, the more the government has to help, and the less are insured. A model used overseas points to a way out.
Covid has led to delays in consumers receiving everything from furniture to groceries. This is how we might reshape supply chains after the pandemic.
A woman and children who were stranded by high water due to flooding are rescued by a volunteer operating a boat in Abbotsford, B.C., in November 2021. The Insurance Institute of Canada forecasts that annual insured losses from natural disasters could increase to $5 billion within the next 10 years.
THE CANADIAN PRESS/Darryl Dyck
Although insurance is important in natural disaster recovery, government and property owners also play an important role in protecting Canadians against the impact of catastrophic weather events.