Browsing: climate change

A look at how population growth in areas prone to severe weather is impacting home insurance costs across the United States.

Commercial property losses due to severe weather events reached the second-highest total in Canadian history, according to the Insurance Bureau of Canada.

Rising insurance costs and climate-related devaluations threaten homeownership across the US.

Rising property-insurance expenses, driven by extreme weather events, are significantly impacting the financial performance of commercial properties, particularly in regions vulnerable to climate change.

Worsening wildfires driven by climate change are causing home insurance rates to skyrocket in California, with other states feeling the pressure, too. Here’s how climate change is reshaping home insurance in California and across the U.S.

New data reveals rising cancellation rates and nonrenewals in home insurance policies, particularly in high-risk areas.

Rising home insurance costs in Florida, fueled by climate change, signal a looming problem for homeowners across the United States.

Home insurance premiums are increasing due to the increased risk of extreme weather and the damage it causes. Experts are calling for changes to the industry that incorporate climate risk and incentivise homeowners to make homes more resilient.

A warming climate and resulting severe weather events are driving up homeowners insurance rates across the U.S., potentially making coverage unaffordable for many.

A new report from SAS highlights the insurance industry’s role in addressing the growing global protection gap amidst climate change and other challenges.