InsuranceEDGE | January 20, 2022 | BuildingMetrix

As the short-term rental market grows and evolves, insurers need to stay aware of growing risks. Learn about what to look out for and how to protect yourself.

The Biden administration unveiled a 10-year plan to treat and maintain millions of additional acres of forests in the western United States.

Cybersecurity, supply chain interruptions and resilience, and environmental issues dominate two key reports released last week.

After rising by around 10% at the January reinsurance renewals, property catastrophe rates are expected to gain further momentum in 2022 amid a reduction in capacity.

The rapid digitalization in advanced economies during the pandemic has also led to more intense cyber vulnerabilities, “as new technologies and an ever-expanding attack surface enable a more dangerous and diverse range of cybercrimes.”

The cost of settling workplace class-action lawsuits reached a record high in 2021, defying expectations that the COVID-19 pandemic would decrease the number of payouts.

The U.S. Supreme Court Thursday ruled against President Joe Biden’s vaccine mandate for large employers following a hearing last Friday yet ruled to keep a mandate in place for most health care workers.

States are likely to continue to consider further COVID-19 and infectious disease workers compensation presumption legislation in 2022.

It’s worth looking beyond COVID-19 to consider a funding mechanism that can radically change the most basic nature of insurance.

Extreme weather and climate events last year were also linked to the deaths of 688 people.

Meteorologist Bill Karins breaks down the high cost of extreme weather events caused by climate change and how the Biden administration is hoping to tackle climate change by auctioning off offshore public land for wind production.

Climate scientist Daniel Swain explains that what happened in Colorado wasn’t a wildfire, but something potentially much scarier.

It was 4 a.m. when a neighbor called the homeowner: “John, are you aware that there’s water running down your driveway?” Then the unthinkable happened: their whole house slid down the hill.

Scientists are now taking advantage of the fact that saturated earth has a greater gravitational pull, and that satellites can monitor the changes in saturation from day to day.