All the headlines from our Climate Change Topic Page, ordered by recency.
Jul 29 2021 // The California Climate Insurance Working Group has released 40 state and local policy recommendations focused on reducing damage and improving recovery following a wildfire, extreme heat wave, or flood.The report...
Jul 23 2021 // The Pennsylvania Insurance Department (PID) is joining with other states around the country in conducting the National Association of Insurance Commissioners’ (NAIC) Climate Risk Disclosure Survey. The survey allows...
Jul 22 2021 // Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe.At least 25 people in the central Chinese province of Henan died...
Jul 21 2021 // British insurer Aviva called on Wednesday for urgent action from policymakers, developers and insurers to protect homes and businesses from the impact of climate change, saying most were ill-prepared to handle extreme...
Jul 15 2021 // An international group of 27 climate scientists have concluded that the recent heat wave in the Pacific Northwest was “virtually impossible without human-caused climate change.”National Weather Service reports...
Jul 15 2021 // Howden, the London-based insurance group, announced the launch of a Climate Risk and Resilience division.Led by Charlie Langdale, the team will focus on risk transfer products that help to accelerate and de-risk the move...
Jul 7 2021 // The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the biggest threats...
Jul 2 2021 // The Biden administration said Wednesday it is hiring more federal firefighters — and immediately raising their pay — as officials ramp up response efforts in the face of a severe drought that is setting the stage for...
Jun 25 2021 // TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from current...
Jun 25 2021 // TOKYO – Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions.Non-life insurer...
Jun 24 2021 // His Royal Highness the Prince of Wales launched his Sustainable Markets Initiative (SMI) Insurance Task Force during a visit today at Lloyd’s.The SMI Insurance Task Force, convened by Prince Charles and chaired by...
Jun 24 2021 // U.S. House Republicans aim to use private sector to tackle climate changeWASHINGTON, June 23 (Reuters) – More than 50 Republicans in the U.S. House of Representatives on Wednesday formed a group to discuss how to use...
Jun 18 2021 // The UK is struggling to put in place adequate measures to deal with rising sea levels and warmer temperatures caused by pollution, the government’s independent adviser on climate matters has warned.Average land...
Jun 17 2021 // The Western U.S. could be in for a wild ride thanks to climate change.That’s the brunt of the buzz in the news this week, as multiple media outlets gave heavy coverage to the severe drought and heatwave currently...
Jun 8 2021 // The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial system to cope with climate change, saying the results will not be used to determine capital requirements...
Jun 3 2021 // Most of the world’s largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but a group of five U.S. insurers are some of those that rank the lowest, according...
Jun 2 2021 // Climate change protesters continued their focus on Lloyd’s as a major insurer of the fossil fuel industry by setting off a stink bomb in front of the market’s London headquarters.The activist group, Insurance...
Jun 2 2021 // Tucson hired a forester. Miami named a heat officer. And Los Angeles appointed a climate emergency mobilization director.Across the United States, cities have launched new programs focused on dealing with extreme weather,...
Jun 1 2021 // ZURICH – Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face from climate change, Swiss financial watchdog FINMA said on Monday as it released an...
May 27 2021 // There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the next five years — and these odds are rising, a U.N. report said on Wednesday. a U.N....