Climate Control News

Sea Level Rise Puts $117.5B at Risk from Chronic Flooding

Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio State University, a …

NOAA Expects Sea Level Rise to Produce Record Coastal Flooding This Year

Break out the galoshes. The projected increase in high tide flooding in 2018 may be as much as 60 percent higher across U.S. coastlines compared to typical flooding about 20 years ago, according to scientists at the National Oceanic and …

Professor Says Window to Prevent Dangerous Impacts from Climate Change Closing Fast

Costs from climate change-driven extreme weather events are on the rise, and the amount of time left to stop those impacts before they get progressively worse is rapidly closing, according to a Columbia University professor speaking on Tuesday during a …

Allianz Expanding Climate Strategy, Doesn’t Want to Insure Coal Operations

The Allianz Group “is significantly expanding its climate strategy.” The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is setting for itself long-term climate goals that are linked …

U.S. Insurers Not Doing Enough on Sustainability, New Report Shows

A new report from a sustainability advocate gives two green thumbs down to the U.S. insurance industry for its inability to grow its efforts, or its interest, in dealing with climate change compared with other sectors. The report, TURNING POINT: …

Climate Change Act: Commit New York to Being Powered by 100% Renewables

Allianz says it’s further integrating ecological and social responsibility into its core business. The insurance giant, which is already known for its sustainable bent, this week issued a 2017 Sustainability Report that documents Allianz Group’s achievements in corporate responsibility, with …

Youths’ Climate Change Suit Has Potential Impact on a Historic Scale for Insurance

A three-year-old lawsuit by a group of youths against the U.S. over climate change, which looks to now get a new trial date at some point this year, has the potential to open up lawsuits on a historic scale, according …

Study Links Severe Winter Weather in Northeastern U.S. to Arctic Temps

The frequency of extreme winter weather in the U.S. is sensitive to Arctic temperatures, and that’s something those paying weather-related losses may want to take note of. After all, you can’t spell polar vortex without the “polar.” The study (Warm …

Startup Modeler Jupiter Wants to Better Predict Impacts of Climate Change

A startup modeling firm named Jupiter is reaching for the stars in its quest to better model for the impacts of climate change. The firm recently launched what its calling a “transformative cloud-based technology platform,” noting in its promotional literature …

Climate Change and the ‘Fire Insurance Predicament’

A Washington-based conservative group is suing for information on the U.S. government’s “backstage work” on the Paris agreement it says will help pave the way for President Trump’s withdrawal from the agreement. The Competitive Enterprise Institute recently filed a lawsuit …