Insurance is about sustainability, it provides a layer of financial support to families, businesses and communities.

Bankers are putting pre-established action plans for disaster recovery into motion as wildfires in Los Angeles sweep across the region.

The NFMA has floated best disclosure practices for public power agencies that ask for more data on climate and resiliency goals.

Accounting researchers suggest that using blockchain, smart contracts and NFTs could simplify tracking for carbon reporting.

California's IBank has partnered with an insurer and fire resilience fund to pay for fire resilience programs.

The agency cited the closeness of the entities to Florida's government.

Insurance broker Marsh will start offering contracts to protect companies against fraud in the market for carbon credits, after the instruments became the subject of recurring allegations of greenwashing.

For the math to pencil out, carbon projects need to eliminate CO2 for a similarly long period of time. But many offset projects store CO2 in fragile ecosystems prone to re-releasing heat-trapping gases.

In North America employer risk and ESG regulation are the top concerns, according to Beazley's Risk & Resilience report: Spotlight on Boardroom Risk 2024.

MMA says some risky-sector issuers in the area hit hard by the hurricane may be pushed into technical or payment defaults.