Climate Risk
Markets
California Seeks $4.3 Million in Penalties Against State Farm Over Wildfire Claim Violations
Enforcement action targeting nation's largest homeowner insurer signals escalating regulatory pressure on climate catastrophe response.
Energy
Geopolitics
Panama Canal’s $4M Priority Slot Exposes How Climate Scarcity Meets Geopolitical Leverage
A liquefied petroleum gas vessel paid $4 million to skip the queue as drought constraints and Iran war rerouting collide, revealing how critical chokepoints monetize dual vulnerabilities.