Escalate

Poland Expects Russia to Escalate Sabotage After Rail Explosion

Auto Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Poland’s deputy prime minister said he expects Russia to escalate its sabotage activities in the country following an explosion on a busy rail route to Ukraine for which authorities blame Moscow. Krzysztof Gawkowski told Bloomberg News that the NATO member’s civilian population and critical infrastructure were at risk as the Kremlin intensifies efforts to deter […]

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S&P Warns of Reinsurer Protections as Catastrophe Risks Escalate

Life Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

As natural catastrophes become more frequent and destructive, a key backstop intended to help cover losses has gotten harder to access. The reinsurance industry, which exists to help primary insurers cope with losses when disaster hits, has taken significant steps to shield itself against the financial fallout of storms, floods and other severe weather events,

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