Climate Change Is Generating New Legal and Insurance Issues "I think we're going to find ourselves with quite a bit of litigation over the next 10 to 30 years because of property owners alleging ...

Wildfires are the top environmental issue for most Californians, who are also concerned about rising costs associated with ...

Climate change insurance is a type of insurance that is aimed to reduce the financial and other risks connected with climate change, particularly extreme weather events. This often takes the form ...

How will climate change and resulting severe weather affect insurance claims? 02:25 CHICAGO (CBS) -- Climate change means more extreme weather—weather that could be like what the Chicago area ...

In late November 2020, we published a high-level review of insurance regulatory developments relating to climate change, available here.In the six weeks since, regulators and industry participants ...

Worsening wildfires are hiking up home insurance rates in California, the biggest market in the U.S. And as climate disasters increase across the country, other states are feeling the pressure too.

This move, aimed at stabilizing the insurance market in high-risk areas over the long run, could possibly lead to higher ...

As concerns about the ecological and financial impacts of climate change have grown in recent years, so has the interest of insurance regulators in the exposure of the insurance industry to the ...

Climate is having impact on homeowners' insurance rates in Chicago and beyond 02:55. CHICAGO (CBS) -- Allstate customers in Illinois could see their homeowners' policies go up more than 14% in a ...

How climate change broke insurance Historically, the insurance system has worked by relying on experts who study records of past events to estimate how likely it is that a covered event might happen.