Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes
Aug 24 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
Heatwaves Raising California’s Wildfire Risk
Aug 17 2020 // The current heatwave broiling Californians like no event in decades is also elevating the risk for another potential disaster in the weeks ahead: wildfires. While heat and dry conditions have contributed to the Lake and...
Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes
Aug 14 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
Last Year Was Among Earth’s 3 Hottest Years on Record, Climate Report Shows
Aug 13 2020 // Last year will be remembered as among the world’s hottest, while greenhouse gases reached their highest levels on record, according to the 30th annual State of the Climate report. The international annual review of...
Megadroughts Brought by Climate Change a Challenge for Texas Ranchers
Jul 31 2020 // Arthur Uhl III has been ranching for 30 years and routinely has the same lament: “It doesn’t rain enough.” Uhl, who works on his family’s San Angelo-area ranches, needs the rain to grow the grass...
Climate Risk Analytics Firm Gets Capital Injections from Liberty and MS&AD
Jul 30 2020 // Jupiter, a Silicon Valley startup provider of predictive data and analytics for climate risk, announced it has raised additional capital from insurers Liberty Mutual and MS&AD Insurance Group Holdings, and SYSTEMIQ, a...
Inconsistent Data Hinders Climate Risk Comparisons for Insurers, Banks: Regulator
Jul 22 2020 // Comparing how banks and insurers from different countries cope with climate change is being hampered by a lack of consistent data, the Financial Stability Board said on Wednesday. Regulators are asking financial firms to...
Zurich NA Sustainability Head: Pandemic is a Roadmap for Climate Change Battle
Jul 16 2020 // Ben Harper picked an interesting time to start his new job as head of corporate sustainability for Zurich North America. Harper stepped into the role in January. Harper had been with Zurich for nearly 20 years, previously...
California Commissioner Launches Database of Green Insurance Products
Jul 14 2020 // California Insurance Commissioner Ricardo Lara on Tuesday formally launched the Climate Smart Insurance Products Database, what is being touted as “the first-ever consumer-oriented list of green insurance...
Climate Change Litigants Argue Human Rights, Consumer Harm in Suing Oil Firms
Jul 6 2020 // LONDON/WASHINGTON/GENEVA — Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding...
Congressional Action Plan on Climate Change Applauded by Zurich, IBHS
Jul 2 2020 // A Congressional action plan for a clean energy economy is garnering a bit of praise from a few important names in the insurance industry. The House of Representatives in 2019 established the House Select Committee on the...
Bank of England Tells Insurers, Banks to Continue Analyses of Impact of Climate Risk
Jun 29 2020 // The Bank of England (BoE) has told banks and insurers to press ahead with analyzing the impact of climate change on their operations, saying that guidance published on Monday would be followed by targets next year. The...
District of Columbia Sues 4 Oil Majors for Misleading Consumers on Climate Change
Jun 26 2020 // The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp, BP Plc, Chevron Corp, and Royal Dutch Shell Plc for “systematically and intentionally misleading”...
Lenders With the Best Climate Data Will Be in a Position to Discriminate: Viewpoint
Jun 26 2020 // We now live in a world where climate gentrification exists: People and institutions are starting to assess and appraise properties based on their susceptibility to climate impacts. The idea was largely hypothetical as...
Minnesota AG Sues Exxon, Koch and API over Climate Change ‘Deceptions’
Jun 25 2020 // The state of Minnesota has filed a lawsuit against the American Petroleum Institute, Exxon Mobil Corp. and Koch Industries for what it called a decades-long campaign to deceive the public about climate change. The lawsuit...
Millions of Abandoned Oil and Gas Wells Pose Environmental, Health Risks
Jun 23 2020 // In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The fumes made the retired couple feel nauseous, dizzy, and short of...
Sustainable Recovery Plan Pitching Pandemic as Opportunity to Grow Greener
Jun 18 2020 // Economic growth can be boosted, jobs can be saved or even created and greenhouse gas emissions can be cut if we take advantage of the worldwide changes that have occurred as we hunkered down in response to the COVID-19...
Climate Change Is Expected to Trigger Extreme Waves and Coastal Erosion
Jun 11 2020 // Climate change is expected to cause stronger storm winds that trigger more extreme waves and increase coastal damage in Australia, the Pacific and South America by the end of the century, new research shows. Extreme waves...
Report Calls for Regulators to Tackle ‘Systemic Risk’ from Climate Change
Jun 4 2020 // Climate change is a systemic risk with wide-ranging potential physical impacts, according to a new report that also serves as a call-to-action for U.S financial regulators to do more to deal with a changing climate. An...
Massive Fuel Spill in Siberia Blamed on Melting Permafrost – or Climate Change
Jun 4 2020 // A massive fuel spill in Siberia prompted Russia to declare a state of emergency in the region as the mining company involved said the catastrophe may have been caused by climate change. Scientists have warned for years...
