Moral hazard and adverse selection are both terms used in economics, risk management, and insurance to describe situations where one party is at a disadvantage to another.

The critical difference between moral hazard and morale hazard is the intent. Moral hazard described the intentional seeking of risk for personal gain because you do not bear the cost of failure.

The terms “risk” and “hazard” are regularly used by scientists, industry and regulators. But what do they mean? And what is the difference between them?

Hazard insurance protects against either named perils or open perils, depending on the type of policy. Let’s look at what that means. A named perils policy protects your home against 16 specific ...

The Difference Between Risk and Volatility Credit: Shutterstock photo. December 18, 2018 — 11:22 am EST.

Understanding the difference between hazard insurance and homeowners insurance can help you get the coverage you need for your home. ... The Best High-Risk Homeowners Insurance Companies Of 2025.

Many claims are made that climate change is increasing disasters, particularly water and weather-related disasters such as floods, hurricanes and heat waves. But ...

For part of my childhood, from about 9 to 13 years old, I lived in a house with a creek just beyond its backyard. I’d go down to my friend’s house on the corner and we’d “creek-walk” our ...