Insurance industry could be massively impacted by large space weather event

insurance industry electrical network disruption space weather event

Lloyd’s of London has released a report cautioning that a massive electricity network interruption could occur. According to a new report from Lloyd’s of London, the insurance industry in North America could be highly affected by a severe space weather event, as it could lead to a massive electricity network disruption throughout the continent. The report was called “Solar Storm Risk to the North American Electric Grid” and was released as a caution. It expressed that the insurance industry could find between 20 to 40 million Americans at risk of…

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