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Insuring the Effects from Climate Change

By J. Wylie Donald, Partner, McCarter & English December 22 was to be the day the world ended. But it didn't . The spin put by some on the Mayan calendar didn't pan out and the world continued. Here in Baltimore we didn't buy into the predictions, but just in case, we went looking...

S&P: Climate Change is a Global Mega-Trend with an Impact on Sovereign Creditworthiness

On May 15th, 2014, Standard & Poor’s Rating Services issued Climate Change is a Global Mega-Trend for Sovereign Risk , a report about the potential impacts of climate change on sovereign credit ratings of countries around the world. In its report, S&P explains how the costs of inaction...