Seen through an actuarial lens, the changing climate is not an ideology. It’s a risk management challenge already reshaping ...
The climate insurance gap is the difference between economic losses from climate-related disasters and what insurance covers.
When a wildfire engulfed the Canadian oil-sands boomtown of Fort McMurray two years ago, it hit insurance company Aviva PLC out of nowhere. The British firm had been active in Canada since 1835. Its ...
May blames State Farm’s use of an AI-powered software called Xactimate, which the insurer employs to estimate property repair ...
Insurance.com reports that home insurance rates are rising due to climate change, inflation, and legal challenges, causing ...
Insurance industry profit motives conflict with our need for protection. Public insurance, coupled with proactive risk reduction, can help.
Climate change blind spots are becoming balance sheet liabilities as climate risks affects insurance, reshape asset values, ...
Hurricane Katrina made landfall along the Gulf Coast on Aug. 29, 2005. The storm and the flooding that followed killed thousands and left behind billions of dollars in damage. Analysts believe the ...
Part of the roof of Genesis Cooper's home is shown blown off after a tornado, spawned by Tropical Storm Debby, passed through Lucama, N.C., on Thursday, Aug. 8, 2024. Environmental activists have ...
Global supply chains are increasingly exposed to climate-related disruptions, redrawing the boundaries of what can be insured ...
KCCI EIGHT NEWS AT SIX, THE 15TH ANNUAL CLIMATE STATEMENT SAYS SEVERE WEATHER WILL HAVE AN IMPACT ON INSURANCE PREMIUMS FROM HOMEOWNERS TO FARMERS. EXPERTS SAY THE PRICE FOR INSURANCE DUE TO EXTREME ...