Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Gore: Polluters Finance Research to Cast Doubt on Global Warming
Aug 10 2007 // Former Vice President Al Gore said this week that some of the world’s largest energy companies, including Exxon Mobil Corp., are funding research aimed at disputing the scientific consensus on global warming as part...
ABI Estimates UK Flood Losses at $6.1 Billion; Supports Climate Change Bill
Aug 9 2007 // The Association of British Insurers has released new figures on the cost of the June and July floods, and the number of claims received. The ABI broke down the figures as follows: — Total cost: approaching £3...
Lloyd’s America’s Baker: Time for action on climate change is now
Aug 6 2007 // For an insurer, understanding climate change is a matter of understanding trends in risk and changes in those trends. For Wendy Baker, president of Lloyd’s Amer-ica Inc., staying on top of those trends in the United...
Directors & Officers Liability
Aug 6 2007 // For years, environmental issues, including issues arising from global warming, have hovered on the periphery of concerns affecting directors’ and officers’ liability exposure. But an April 2, 2007, decision by...
Face Climate Change Consequences, Not Just Causes, Says ABI
Jun 20 2007 // The Association of British Insurers said it has put increased pressure on the UK Government to develop an effective climate change strategy with the publication of its climate change adaptation manifesto. The study...
World Financial Leaders Call on G-8 for ‘Deep Emission Reduction Targets’
Jun 6 2007 // The leaders of more than 20 of the world’s largest companies – many from the insurance industry* – have signed a “Declaration on Climate Change by the Financial Services Sector.” The document,...
Climate Change: Directors’ and officers’ risk ahead?
Jun 4 2007 // For years, environmental issues, including issues arising from global warming, have hovered on the periphery of concerns affecting directors’ and officers’ liability exposure. But an April 2, 2007, decision by...
China Prepares Climate Change Policy Paper Ahead of G-8 Summit
Jun 1 2007 // China plans to release a national plan to combat climate change next week, Chinese officials said Thursday, paving the way for President Hu Jintao’s attendance at an industrialized nations’ summit that is...
US Calls on Asia to Take Action to Reduce Greenhouse Gases
May 30 2007 // Asian nations could reduce a quarter of their greenhouse gas emissions by 2030 if they increase renewable energy use, improve coal-fired power plant efficiency and switch to biofuels, a U.S. government report said...
Study Highlights Industry’s Potential Climate Change Liabilities
May 29 2007 // Liabilities follow the insurance industry as the night follows the day. So, it’s not terribly surprising to learn that a new study – “Limiting Liability in the Greenhouse: Insurance Risk-management...
Japan Proposes 50% Cut in Worldwide Greenhouse Gas Emissions
May 25 2007 // Japan plans to propose cutting world greenhouse gas emissions in half by 2050 in a bid to limit the effects of global warming, news reports said Thursday [May 24]. Prime Minister Shinzo Abe was to announce the plan later...
S&P Report Says Insurers’ Climate Change Concerns are Real
May 23 2007 // A new report from Standard & Poor’s Ratings Services – “Insurers Seek To Weather Changes In The Weather” – stresses that for the insurance industry, “climate’s impact...
S&P Hosts Teleconference on Global Warming Financial Impact Today
May 15 2007 // Standard & Poor’s Ratings Services will host a teleconference today, May 15, 2007, outlining the findings from a 15 article series from the May 23rd issue of CreditWeek, its weekly outlook on credit risk. The...
Wash.’s Kreidler Testifies before Congress on Climate Change
May 10 2007 // Washington Insurance Commissioner Mike Kreidler testified before the U.S. House Select Committee on Energy Independence and Global Warming on how insurance is impacted by climate change and what’s needed. Following...
Diplomats Begin Work on New Greenhouse Gas Accord
May 9 2007 // More than 1,000 diplomats have begun working on a new accord to control greenhouse gases, with developing countries calling for more money and expertise to help them fight the potentially catastrophic effects of global...
FERMA Sees Major Role for Risk Managers in Climate Change Battle
May 8 2007 // “Climate change will grow in importance for risk managers as the fight against global warming intensifies following the latest report of the Intergovernmental Panel on Climate Change (IPCC),” according to...
Climate Change: The potential insurance costs and what’s being done
May 7 2007 // Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the...
GAO report welcomed
May 7 2007 // The GAO’s report, commissioned by the Senate Committee for Homeland Security and Governmental Affairs, chaired by Sens. Joe Lieberman, an Independent (ex-Democrat) from Connecticut, and Susan Collins (R-Maine), has...
Catching up on climate change
May 7 2007 // What insurers in U.S. and worldwide are doing to address the effects of climate change Recent mega-catastrophes such as Hurricane Katrina in the Gulf Coast have brought increased attention to the issue of global climate...
10 Mass. ruling revives possibility of auto assigned risk plan
May 7 2007 // Commissioner Burnes surprises industry by keeping issue alive 10 Neighbors seek to drain N.Y. City’s reservoirs to stem flooding But city officials worry about the risk of a summer drought 10 Study questions...
