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U.S. banks urge regulators to be flexible on climate-risk rules

by AIP Online Bureau | Feb 17, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The sweeping proposal applies to lenders with over $100 billion in assets. It touches on everything from board room governance, liquidity, credit and operational risk management, to the way banks project hypothetical future losses on their books and their ability to...
Fauci says time to start ‘inching’ back toward normality

Fauci says time to start ‘inching’ back toward normality

by AIP Online Bureau | Feb 17, 2022 | Health, International News, Pandemic, Policy

Dr. Anthony Fauci Even with the positive trends, COVID numbers remain high with some 2,200 Americans dying each day, most of them unvaccinated Top U.S. infectious disease expert Dr. Anthony Fauci said on Wednesday that it is time for the United States to start inching...

U.S. judge annuls Gulf of Mexico oil auction over climate impact

by AIP Online Bureau | Jan 28, 2022 | Climate, Environment, Renewable Energy, International News, Policy

Thursday’s decision came after the environmental group Earthjustice challenged the sale on behalf of four other green groups, arguing U.S. President Joe Biden’s Interior Department was relying on a years-old environmental analysis that did not accurately...

U.S. crop insurance payouts rise sharply as climate change worsens droughts, floods

by AIP Online Bureau | Jan 27, 2022 | International News, Non-Life, Reinsurance

Insurance payments to farmers due to drought rose more than 400% between 1995 and 2020 to $1.65 billion, while payments due to excess moisture – like floods – rose nearly 300% to $2.61 billion, according to the nonprofit environmental group, which examined...

U.S. Labor Dept withdrawing COVID vaccine rule for large employers

by AIP Online Bureau | Jan 26, 2022 | Facts, Health, Pandemic, Policy, Workplace/Employee Benefits

President Joe Biden unveiled in September several regulations aimed at increasing the U.S. adult vaccination rate, which currently stands at about 74%, according to government data, among the lowest for developed nations. The rules sparked legal challenges by...
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