Browsing: climate change

Insurance premiums are rising sharply in Tornado Alley due to increasing hail damage, with rates up 35% in Kentucky and Nebraska

New research from KPMG in Canada reveals that most Canadian business leaders are increasingly concerned about urban climate disasters and are taking proactive measures to adapt.

Climate-related catastrophes and inflation have led to a significant spike in home insurance costs for Shuswap residents, with an average increase of 25 per cent.

The U.S. insurance market is facing a severe crisis as climate change continues to drive up premiums and push insurers out of high-risk areas, leaving homeowners struggling to afford coverage.

California homeowners face another sharp increase in insurance rates as State Farm raises prices by 17%, following a 20% hike last year, amid growing concerns over climate change and its impact on the insurance industry.

Four major consumer groups have slammed the insurance industry for continuing to support fossil fuel projects, arguing it exacerbates climate change and leads to higher homeowners insurance premiums.

As wildfires become more frequent and severe, Idaho homeowners are seeing their insurance premiums rise, with some insurers pulling out of high-risk areas

Recent report reveals massive flood risk exposure in Texas, with over 2.1 million properties at risk over the next 30 years

California’s home insurance woes are more a result of regulatory climate than actual climate change

Suncorp Insurance and Leo Australia have collaborated to create Haven, a digital platform that provides personalized resilience reports for homes across Australia, helping homeowners prepare for natural disasters.