Suvivors Want to Rebuild Safer, But Cost Misperceptions Can Stand in the Way November 12, 2024 By Susan Ostermann and Abbie Liel As Florida and the Southeast begin recovering from 2024’s destructive hurricanes, many people are asking: How can we rebuild sustainably...
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings November 8, 2024 By Rodrigo Orihuela, Clara Hernanz Lizarraga and Thomas Gualtieri As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize...
Investing in Climate Resilience Really Pays Off, Allstate, Chamber Study Shows July 8, 2024 By Kimberly Tallon Weather-related catastrophes are increasing in frequency and intensity, and billion-dollar disasters are becoming the norm. The U.S. averages about 10...
Insurance Helped 46,000 Indian Women Avoid Deadly Work During Heat Waves June 12, 2024 By Akshat Rathi In the city of Ahmedabad in western India, temperatures climbed above 43C (109F) every day between May 19 and May...
Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets December 12, 2023 By Katy Daigle and Simon Jessop As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days....
Hillary Clinton Calls for Reform of Insurance Sector at COP28 Climate Talks December 4, 2023 By Elizabeth Piper and Valerie Volcovici Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly...
UK Will Fail to Meet Flood-Defense Goals for Homes as Climate Threat Grows November 15, 2023 By Jessica Shankleman Hundreds of thousands of British homes will miss out on flood protections in the next few years as spending has...
FM Global Clients to Get Share of $350M ‘Resilience Credit’ September 12, 2023 Eligible commercial property insurance clients of FM Global will receive a share of what the insurer calls a “resilience credit”...
Howden Appoints WTW’s Douglas as CEO, Climate Risk and Resilience June 27, 2023 Howden, the London-based insurance group, announced the appointment of Rowan Douglas as CEO, Climate Risk & Resilience, effective June 26....
Record Heat and Drought Force Europe to Accelerate Climate Adaptation April 21, 2023 By Jonathan Tirone The record heat and drought hurting European farmers, power utilities and insurers foreshadows even faster change to the continent’s climate,...