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New Zealand Becomes 1st Country to Introduce Climate Change Law for Insurers, Banks

Apr 13 2021 // New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw said...

Rhode Island Governor Signs Climate Change Bill Into Law

Apr 12 2021 // A wide-ranging climate bill that requires Rhode Island to reach net-zero greenhouse gas emissions by 2050 was signed into law Saturday by Governor Daniel McKee. “With four hundred miles of coastline, urban and rural...

Hawaii Study Offers Steps to Battle Climate Change

Apr 12 2021 // A new study from the University of Hawaii’s School of Architecture has offered detailed short- and long-term design alterations that could help the state combat the effects of climate change. Scientists have warned...

New York City Loses Appeal Seeking to Hold Oil Firms Liable for Global Warming Effects

Apr 1 2021 // A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming. Ruling in favor of BP Plc, Chevron Corp.,...

Zurich Insurance Deepens Climate Change Strategy

Apr 1 2021 // Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the Paris Agreement’s goals to limit global warming. Targets will include its own internal operations,...

New York Proposes Guidance for Insurers on Financial Risks of Climate Change

Mar 25 2021 // The New York State Department of Financial Services (DFS) has issued proposed guidance for regulated insurers on managing the financial risks of climate change. The proposed guidance comes after a circular letter was...

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