Climate change

Western utilities and beyond are finding it prohibitively expensive, if not impossible, to insure against potential fire-related claims. The issue will become more pressing as climate change makes droughts more intense and frequent, heightening the chances of more destructive infernos.

California's lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the U.S.

California, rushing to halt an exodus of property insurers fleeing wildfire risk, has designated regions of the state where companies will be required to provide coverage in exchange for new industry-friendly regulations.

As soon as temperatures breached 43.6C in Ahmedabad, Makwana and thousands of other women were told that ICICI Lombard, an insurance company, would pay them a portion of their daily wages.

Casey Kempton, president of personal lines at Nationwide, addressing the Insurtech Insights conference, said carriers should work to educate policyholders about what to expect from weather claims.

Hurricane season has become more active due to climate change, leading to more damage — and more insurance claims. Here is how the industry is responding.

Experts predict a highly active Atlantic hurricane season, highlighting the widening protection gap and emphasizing the need for more affordable, accessible insurance coverage.

Data fraud, questionable accounting practices and intensified catastrophes are just some of the issues that have battered the voluntary carbon market.

With Florida being threatened by more powerful hurricanes, commercial-property insurance costs last year surged at nearly five times the national pace, according to credit rating firm AM Best Co. Inc.

Municipal analysts have been tracking the challenges faced by home insurers in California and other states plagued with extreme weather events as a harbinger of credit risk.