This wildfire season could be severe for many communities in Western states. Forecasters said much of the West is ready to burn because extreme and exceptional drought is plaguing Oregon, California and the Desert Southwest.
As more states have legalized recreational marijuana, the edibles market has surged. But the choice by many manufacturers to market their products as candy lookalikes opens the door for intellectual property lawsuits — and puts young children at greater risk of accidental ingestion.
This year's hurricane season is forecast to be above average, with the potential for 13 to 20 named storms. In response, Fitch Ratings Inc. stated that its current stable rating outlook on the property-and-casualty and global reinsurance sectors could change.
Most people know lightning can spark wildfires. But wildfires can also spark lightning — and scientists have just discovered a key cause of this phenomenon: air pollution. Dirtier air means more lightning above wildfires — and more rain, too.
Data from Internet of Things (IoT) devices gives insurers a way to move from pure risk transfer to real-time risk mitigation. Already widespread in commercial auto and home security, the devices have the potential to reduce water damage to homes and more.
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