Browsing: climate change

The construction industry faces a growing threat from climate change as extreme weather events outpace building codes, warns Yvonne Castillo, risk management expert at Victor Insurance.

New Zealand’s insurance industry focuses on stormwater management and flood mitigation at the 2025 Water New Zealand Stormwater Conference

Hawaiʻi lawmakers have passed a resolution encouraging insurance companies to sue fossil fuel producers to recover costs from natural disasters.

UK insurers paid a record £226 million in weather-related home insurance claims in early 2025. Across the Atlantic, Texas homeowners face a 43% surge in insurance premiums since 2023. The insurance industry is buckling under climate-driven disasters, making coverage unaffordable or unavailable in high-risk areas.

As Emergency Preparedness Week runs through May 10, the Insurance Bureau of Canada is stressing the importance of reviewing insurance coverage amid increasingly frequent and intense weather-related disasters.

Isleton, a historic city in California’s Delta region, faces significant flooding risks and financial challenges. A new community-based flood insurance program is being implemented to provide a safety net for residents.

Western Financial Group’s Communities Foundation is marking two decades of its national charity walk, now rebranded as the National Walk for Safe Places, focusing on building resilient communities.

As summer temperatures surge, the risk to homes and businesses rises. Experts say property insurance offers critical financial protection against fires, structural damage, and climate-related events.

Properties built for a changing climate increasingly enjoy favorable premiums as extreme weather events impact insurance costs

A luxurious Naples, Florida, waterfront property has become the state’s most expensive home sale, despite having a 99.9% risk of flooding over 30 years due to climate change.