Browsing: climate risk

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.

HDI Global introduces a new service to help businesses assess and manage climate-related risks, including natural hazards, infrastructure vulnerabilities, and future impacts.

Travelers is seeking to exclude a shareholder proposal on climate risk from its proxy materials, contending that its current disclosures are sufficient.

Managing general agent FTP Inc. has acquired Coastal Flood Underwriters LLC, bolstering its ability to provide flood insurance across the United States. The move aligns with the company’s strategy to grow its specialty insurance offerings in response to rising flood risks.

Colorado’s insurer of last resort is collaborating with ZestyAI to utilize AI-driven models for assessing climate risks and enhancing insurance access for homeowners.

This critical analysis examines the insurance industry’s role in the climate crisis, particularly concerning the devastating Los Angeles wildfires and the industry’s detrimental practices.

Axa SA Chief Executive Officer Thomas Buberl says that proactive measures to reduce the impact of climate-related disasters are necessary to keep property insurance affordable.

A new study reveals significant increases in homeowners insurance premiums, driven by climate-related risks and rising reinsurance costs.

As climate change intensifies, understanding and mitigating the risks associated with homeownership becomes increasingly crucial. Here’s expert advice on how to navigate these challenges.