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 ...

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

Insurance experts and watchdogs said the industry was among the first to take notice of climate change — and the rate increase could just be the start. A total of 12,000 homes have been lost to ...

As climate change intensifies, insurance markets are cracking. This video investigates the looming financial crisis, showing how rising climate risks are reshaping coverage, costs, and who gets ...

In 2023, the president of Aon, a risk-mitigation consulting firm, testified before the U.S. Congress that climate change is already “destabilizing” the insurance industry—in a world that has ...

In 2022 then-Insurance Commissioner Mike Kreidler undertook a Climate Summit Series to educate homeowners and the public about the risks of climate change and how to reduce exposure to them.

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

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.

Today, insurance companies have no choice but to factor climate change into their policy models. A home damaged by Hurricane Ian, ca. 2022. [Photo: Bilanol/Getty Images] ...

Much of the current debate about ESG initiatives and how companies consider the impact of climate change on their operations appears to operate in a vacuum, untethered to the real world, where ...

WASHINGTON, Nov. 16-- Public Citizen issued the following statement on Nov. 15, 2021:. In June, Public Citizen, in partnership with 24 other organizations, submitted comments on the state's ...

In an open letter to the International Association of Insurance Supervisors (IAIS), WWF´s Greening Financial Regulation Initiative and more than 30 civil society organisations, express their concern ...