Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Insurers Pitch Quick-Paying Parametric Disaster Insurance to Public Sector
Apr 9 2019 // Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The catch: Even a...
From Insurers to Traders to Retailers, More Industries Depend on Weather Tracking
Apr 1 2019 // Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. Eilts, senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an unexpected cold front in...
Mozambique City of Beira Tried to Battle Climate Change – Then Cyclone Idai Hit
Mar 29 2019 // Long before Cyclone Idai roared in and tore apart Mozambique’s seaside city of Beira, the mayor dreamed of protecting his people from climate change. It would be a huge challenge. Large parts of the city of 500,000...
California Commissioner Yet to Move on Petition from Climate Activists for More Insurer Regs
Mar 28 2019 // Nobody’s saying much as California Insurance Commissioner Ricardo Lara considers how he will respond to a petition submitted by climate change activists urging him to place new regulations on insurers to disclose...
How One Company, AT&T, Is Using Models to Prepare for Natural Disaster Costs
Mar 28 2019 // By 2050, residents of southern Florida could become familiar with storms borne on 90-mph winds. Water levels during floods will rise by an average of 5 percent across the Southeast. And it will not be out of the ordinary...
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk
Mar 22 2019 // The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday. The central bank under Carney has been...
Washington High Court Hears Case on Carbon Pollution
Mar 21 2019 // The Washington Supreme Court heard arguments this week on whether the state Department of Ecology has the authority to cap carbon pollution from major industrial emitters, something business groups and utilities have...
BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns
Mar 19 2019 // The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to coal as companies around the world step up fossil fuel divestment plans to improve the...
NYC Mayor Proposes $10B Plan to Flood-Proof Manhattan as Climate Risk Grows
Mar 15 2019 // New York Mayor Bill de Blasio proposed a $10 billion plan to push out the lower Manhattan coastline as much as 500 feet, or two city blocks, to protect from flooding that’s expected to become more frequent as global...
Climate Activists to Pressure U.S. Insurers Underwriting Fossil Fuel Industry
Mar 14 2019 // Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S. A new petition by several climate change and...
Federal Flood Insurance Premiums Could Rise in Flood-Prone Areas Under Trump Plan
Mar 12 2019 // Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National...
Former California Commissioner Named Fellow at ClimateWorks Foundation
Mar 11 2019 // ClimateWorks Foundation has tapped former California Insurance Commissioner Dave Jones as a distinguished fellow. In his eight years as commissioner, Jones made climate risks in the insurance industry a priority, including...
Storm-Lashed South Carolina Reassesses Role of Global Warming
Mar 7 2019 // When he took the job 15 years ago, Horry County Emergency Manager Randy Webster figured his biggest disasters would be wind and surge rolling over his county’s beaches, South Carolina’s top tourist...
Opinion: California’s Wildfires Burn Our Climate Illusions
Mar 4 2019 // Joan Didion’s “Holy Water,” written in 1977, is a paean to the elaborate engineering that supplied her taps in Malibu and filled drinking glasses in Hollywood restaurants. At its heart is a warning: The...
White House Eyes Panel to Question Climate Threat to Security
Mar 1 2019 // The White House is advancing plans to form a presidential panel that will question science used in U.S. military and intelligence reports showing that human-driven climate change poses national security risks, according to...
Insurer Group Warns on Property Losses Due to Climate Change
Feb 27 2019 // Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a group run out of the University of Cambridge...
One of Lawsuits by Kids Against Trump Climate Policies Dismissed
Feb 21 2019 // A federal judge has dismissed a lawsuit by two Pennsylvania boys and an environmental group seeking to stop U.S. President Donald Trump from rolling back regulations addressing climate change, saying the court does not...
California Weighs Buying Disaster Insurance Policy to Cover Wildfire Costs
Feb 14 2019 // California’s insurance commissioner and a lawmaker want to the state to consider buying insurance in the private market to cover rapidly increasing costs of fighting wildfires due to climate change. State Sen. Bill...
One-Third of Himalayan Glaciers at Risk from Climate Change: Study
Feb 11 2019 // One-third of Himalayan glaciers will melt by the end of the century due to climate change, threatening water sources for 1.9 billion people, even if current efforts to reduce climate change succeed, an assessment warns. If...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes
Feb 4 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
