Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Frequent Wildfires Decimating Forests Becomes Concern Worldwide
Sep 22 2020 // Wildfires among ponderosa pines and Douglas firs of the U.S. West have long been part of nature’s cycle of renewal, as much as the changing of the seasons. But as climate change makes the region more arid, wildfires...
Zurich Insurance Supports Reforestation in Brazil’s Atlantic Forest With 1 Million Trees
Sep 21 2020 // Zurich Insurance Group said it will sponsor a reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life. The eight-year project will help to restore...
Connecticut Sues Exxon for Allegedly Deceiving Consumers About Climate Change
Sep 15 2020 // Connecticut filed a lawsuit on Monday against oil giant Exxon Mobil Corp for misleading the public over the impacts of climate change, becoming the latest state to target the fossil fuel industry for violating state...
Charleston, South Carolina Sues Big Oil Companies Over Climate Change Costs
Sep 15 2020 // Charleston is now the first city in the American South to sue major oil companies in an attempt to hold them accountable for the “daunting” costs of climate change, city officials announced Sept. 9. The 24...
Delaware Joins List of States and Localities Suing Big Oil
Sep 14 2020 // Delaware has joined the list of state and local governments that have sued the petroleum industry in an attempt to hold oil producers accountable for costs related to climate change. The attorney general’s office...
Report Urges Urgent Action from Financial Regulators to Address Climate Change
Sep 10 2020 // Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators, the Federal Reserve and the Securities Exchange Commission. The report was commissioned by...
Why Some Organizations Are Managing Coronavirus Risk Better Than Others
Sep 1 2020 // While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others. According to risk expert Jim Wetekamp, some organizations...
Pandemic Shows Why Climate Change Is Major Economic Risk, Says Europe’s Schnabel
Aug 31 2020 // The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank board...
Germany’s Merkel Urges Stronger Global Effort on Climate Change
Aug 28 2020 // German Chancellor Angela Merkel said on Friday that global efforts to combat climate change were insufficient, and that she would accelerate the fight to combat it in coming years. At a news conference, she said the...
Why Damage from Hurricanes Keeps Rising
Aug 28 2020 // A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. Gulf Coast, because of a...
Damage from Whopper Hurricanes Increasing for Many Reasons
Aug 27 2020 // America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura because of a combination of increased coastal development, natural climate cycles, reductions in air...
Actuaries Index: Extreme Climate Conditions Hit New High in Winter 2019-20
Aug 27 2020 // A multiyear trend of increasing climate condition measurements from the U.S. and Canada hit a new high in winter 2019-2020, according a new Actuaries Climate Index released this week. The quarterly data’s key metric...
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...
