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Browsing: climate change
A new survey reveals widespread worry among Canadians regarding the financial and property impacts of climate change, extreme weather, and disasters, with insurance rates and property damage as top concerns.
As climate change intensifies, the frequency and severity of natural disasters are increasing, leading to soaring insurance costs and leaving some areas virtually uninsurable.
Marsh has named Amy Barnes as global head of energy & power, effective immediately, as the industry supports the net zero transition. Barnes will also continue her role in sustainability and climate strategy.
A recent survey reveals that a significant majority of Canadians are worried about the effects of climate change on their properties and finances, as rising insurance rates become a major concern.
The FAIR plan bailout highlights the instability in California’s home insurance market, driven by escalating wildfire risks due to climate change.
The insurance industry is grappling with increased extreme weather events, leading to challenges for homeowners and potential economic slowdowns. The industry’s continued support of polluting energy companies exacerbates the problem.
A new report highlights the alarming link between insurance companies’ investments in fossil fuels and the increasing risk homeowners face from climate change-related disasters.
California homeowners face rising insurance rates as climate change fuels increasingly destructive wildfires. This article examines the conflict between insurance providers and regulators, highlighting the broader economic impact of the climate crisis.
A bill introduced in the Hawaii Senate aims to allow insurance companies to recover costs from entities responsible for climate change impacts affecting insurance rates, potentially setting a precedent in the US.
A recent report highlights the impact of climate change on home insurance costs, potentially affecting the entire homeowner’s market.