Does renters insurance cover power outages? Whether or not renters insurance covers a power outage will depend on two things: What caused the power to go out The specifics of your policy “Renters insurance is only going to cover specifically […]
Tag: Power
Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect—an insurance product for short-term power outages. The flagship product from Adaptive, which says it is building an AI-driven platform to businesses create […]
US New Vehicle Sales to Rise 2.5% in June, J.D. Power Report Shows
U.S. total new vehicle sales are expected to rise 2.5% to 1.25 million units on an adjusted basis for the month of June, J.D. Power and GlobalData said in a joint report on Wednesday. However, same sales volume without adjusting […]
Heat Wave Threatens Power Output and Wildfires Across Europe
Europe’s heat wave is intensifying, fueling wildfires across the Mediterranean and threatening to curb electricity generation from both nuclear and hydropower plants. Temperatures in Spain are forecast to hit 39C (102F) on Wednesday, but could climb further to 42C next […]
California Utilities Expand Power Shutdowns as Winds Rise
California utilities cut power to more than 62,000 customers across the state in an attempt to stop wildfires from starting as dry winds sweep the region. PG&E Corp. cut off power to around 60,000 customers scattered across seven counties and […]
California Utilities Weigh Power Shutdowns as Dry Winds Approach
California utilities are mulling power shutdowns as breezy dry conditions across the state raise the risk of wildfires. Pacific Gas & Electric Corp. may turn off power to at least 11,543 customers in 15 counties, according to its website. Southern […]
Renewable Energy Remains Cheapest Power Builds as New Gas Plants Get Pricier
Renewable power like solar and onshore wind is the least expensive and quickest power generation source to deploy in the United States, even without government subsidies, Lazard said in a report on Monday. The cost to build new gas-fired power […]