Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Global Warming Exceeded Benchmark Over 12-Month Period for First Time on Record
Feb 9 2024 // Global warming exceeded temperatures of 1.5 degrees C over a 12-month period for the first time in record keeping. The European Union’s Copernicus Climate Change Service released its findings in its Global Climate...
Money Managers Try to Put a Price on Climate Risk. It’s Not Easy.
Feb 8 2024 // When investors contemplate risk, it’s straightforward to think about measurable economic shifts like rising interest rates, inflation and sales trends. The data are readily available and simple enough to incorporate...
Climate Change Poses Significant Risk for South African Insurers: Old Mutual
Jan 29 2024 // Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, a top official at its biggest insurer by assets said. After staying almost flat...
Climate Change Drives Amazon Rainforest’s Record Drought: Study
Jan 26 2024 // Climate change is the main culprit for a record drought in the Amazon rainforest that has drained rivers, killed endangered dolphins and upended life for millions of people in the region, according to a study released on...
Judge Limits Delaware’s Sweeping Climate Change Lawsuit Against Fossil Fuel Companies
Jan 14 2024 // A judge has rejected several claims lodged by Delaware’s attorney general in a lawsuit alleging that the fossil fuel industry has downplayed the risks of climate change. Tuesday’s ruling significantly narrows...
Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey
Jan 9 2024 // A new Chubb report has found that 76% of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to their homes. Sixty-three percent of respondents to the...
Climate Change Makes Forecasting Harder, Australia’s Agriculture Minister Says
Jan 2 2024 // Climate change is making it harder to accurately predict extreme weather events, said Australia’s agriculture minister Murray Watt, amid criticism the country’s meteorology department failed to provide timely...
Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets
Dec 12 2023 // As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days. The storm, supercharged by the warm July waters of the Pacific, delivered Beijing’s worst...
Climate Change, El Niño Bring T-Shirt Weather in December for Northern Hemisphere
Dec 8 2023 // It’s the cusp of winter in the Northern Hemisphere, but in many places from the US to Japan, it feels more like spring — and forecasters say that’s a sign of what to expect over the next couple of months,...
Insurers Heavily Exposed to Impact of Climate Change: Global Watchdog
Dec 6 2023 // Insurers are heavily exposed to the impact of climate change and also face risk from their alternative investments in reinsurance, the International Association of Insurance Supervisors said in a report on...
Florida Commissioner, NAMIC Latest to Push Back on Federal Climate Change Data Call
Dec 6 2023 // Florida’s insurance commissioner and the National Association of Mutual Insurance Companies are pushing back against a plan by the U.S. Treasury to collect data from insurers on risks from climate change, calling it...
EWG Report Finds Rapidly Rising Crop Payouts As Climate Change Hits U.S. Agriculture
Dec 4 2023 // Drought, heat, hail, rain and freezing temperatures – the five horsemen of crop insurance. A new report from EWG found that crop insurance payouts for the top five weather-related losses totaled over $118.7 billion...
Climate Change, Natural Disasters Sent Texas Homeowners Insurance Rates Skyrocketing in 2023
Dec 1 2023 // Insurance companies across Texas have dramatically increased home insurance rates this year, state filings show, as climate change spooks executives and inflation pushes up costs to rebuild after natural disasters. Texas...
EWG Report Finds Rapidly Rising Crop Payouts As Climate Change Hits U.S. Agriculture
Nov 15 2023 // Drought, heat, hail, rain and freezing temperatures – the five horsemen of crop insurance. A new report from EWG found that crop insurance payouts for the top five weather-related losses totaled over $118.7 billion...
WTW Launches Asia Pacific Climate Risk Centre in Singapore
Nov 7 2023 // WTW announced the launch of an Asia Pacific Climate Risk Centre (ACRC) in Singapore, which aim to provide climate risk quantification and management capabilities to support the region’s climate resilience and...
Protecting Treasured Investments: Insuring Art Against Climate Change
Nov 6 2023 // Hardly a day passes without reports of another shattered climate record. As Earth’s climate changes, heat waves, floods, droughts, wildfires, and hurricanes are all becoming more frequent and more intense, according...
Climate’s ‘Catch-22’: Cutting Pollution Will Accelerate Global Warming
Nov 3 2023 // Air pollution, a global scourge that kills millions of people a year, is shielding us from the full force of the sun. Getting rid of it will accelerate climate change. That’s the unpalatable conclusion reached by...
Rhine River’s Low Water Levels Provide ‘Further Evidence’ of Climate Change
Oct 20 2023 // The cost of shipping fuel along the Rhine river has surged as low water levels curb barges’ carrying capacity following a hot, dry September. The river is fed by glaciers and rain. But Alpine ice flows are declining...
AIG’s CEO Sees Pandemic, Wars and Climate Change Among Biggest Risks
Oct 20 2023 // American International Group Inc. Chief Executive Officer Peter Zaffino said the biggest challenge to the insurance sector over the last decade has been “unpredictable risks” including the pandemic, wars and...
Homeowners Face Rising Insurance Rates as Climate Change Makes Wildfires, Storms More Common
Oct 16 2023 // A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report...
