Storm, not earthquake, is California's biggest risk

clock

US Geological Survey warns super-storm capable of exacting more than $300bn of damage is a "plausible scenario"

Could insurance companies be hit by a Californian super-storm on a Biblical scale? The US Geological Survey believes so, and has created a hypothetical scenario for emergency planners. Unveiled in Sacramento...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

'We need a coordinated response': How businesses are ignoring the threat of invasive alien species

'We need a coordinated response': How businesses are ignoring the threat of invasive alien species

Report warns businesses are failing to respond to the risks invasive alien species can pose to organisations and supply chains

clock 17 March 2026 • 6 min read
'Sheer fantasy': Study warns 'drill baby drill' approach to North Sea would result in negligible savings for households

'Sheer fantasy': Study warns 'drill baby drill' approach to North Sea would result in negligible savings for households

Analysis from Oxford Smith School suggests energy bills can be reduced far more by transitioning to a renewable power system than by maximising North Sea fossil fuel production

James Murray
clock 16 March 2026 • 4 min read
TNFD: A tick-box exercise or genuine driver of sustainable change?

TNFD: A tick-box exercise or genuine driver of sustainable change?

Collaboration between corporate risk and sustainability teams can unlock budget, boost ROI and drive long-term value through through alignment with the Taskforce on Nature-related Financial Disclosures guidelines, writes WTW's Torolf Hamm

Torolf Hamm, WTW
clock 12 March 2026 • 3 min read