Climate Control News

Retreat as an Answer to Climate Change?

Think retreat is never an option? Think again. “Faced with global warming, rising sea levels, and the climate-related extremes they intensify, the question is no longer whether some communities will retreat—moving people and assets out of harm’s way—but why, where, …

Sun Valley Climate Conference’s Broad Agenda: Wildfires, Military, Insurance, Resilience

Washington had a record 1,850 responses to wildfires on Department of Natural Resources lands last year. Over the last five years, wildfires have continued to hit the state hard. One state official, who believes climate change is partly to blame, …

Report: California Wildfires Will Get Worse, Blame Climate Change

Hot, dry weather in California has resulted in a dramatic increase in wildfires. It will get worse – and you can blame climate change, according to a new report out. The report, Observed impacts of anthropogenic climate change on wildfire …

Poll: Majority of Americans Say Global Warming is Affecting U.S. Weather

The majority of Americans say global warming is important to them, and that it’s affecting the weather in the U.S. A national survey by the Yale Program on Climate Change Communication and the George Mason University Center for Climate Change …

Climate Change and the Reinsurance Implications

Climate change presents “high exposure risk” to insurers and their policyholders on many fronts: General liability claims for third-party bodily injury and property damage, directors and officers claims for a company’s failure to properly disclose climate-related or failure to align …

IBHS Chief Wright Urges Congress to Consider Tax Credits for Climate Resilience

Roy E. Wright, CEO and president of the Insurance Institute for Business & Home Safety, wants Congress to consider financing resilience. The IBHS chief testified during a recent appearance before the House Ways and Means Committee that severe weather events …

California’s New Climate and Sustainability Chief in Talks with Insurers

Michael Peterson has had about five months to come in and tackle what promises to be unique job. Peterson is California’s deputy commissioner for climate and sustainability. After California Insurance Commissioner Ricardo Lara named Peterson to the newly created job …

House Passes Climate Now Act, But What’s The Next Step?

The U.S. must take an active role in mitigating climate change on the global stage. So says the U.S. House of Representatives, which voted today on H.R. 9, the Climate Action Now Act. The bill, which passed 231-190, largely along …

S&P Will Issue ‘Environmental, Social and Governance’ Evaluations Including on Insurance Sector

If you’re among those who regard “environmental, social and governance” as just another in a long line of trendy buzz-phrases, then you may want to rethink. ESG standards, which companies use to highlight operations that interest socially conscious investors, will …

California Commissioner Yet to Move on Petition from Climate Activists for More Insurer Regs

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 what projects in the fossil fuel industry they …