Climate change

The agency is stretched thin with a record number of billion-dollar catastrophes and a mission that's expanded to cover Covid-19 and the migrant care crisis.

What steps can be taken to successfully navigate through this difficult, complex market?

Climate change has brought an increase of more severe natural disasters, causing many insurers to change their processes and policies.

Speaking at a June 26 public hearing on California's Sustainable Insurance Strategy, insurers pushed for accelerated wildfire model reviews and called the proposal unsustainable, while consumer advocates and others supported more transparency in its models.

Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the devastation the country suffered from an El Niño-induced drought.

Insurers are introducing AI-driven technology and historical data analysis to combat the costly impacts of climate risks.

Investors in bonds intended to help Jamaica cover the costs of a natural catastrophe won't be affected by the havoc wrought by Hurricane Beryl.

Zurich and Aon launch clean energy insurance facility and Mercury expands virtual home inspections, plus other insurtech news.

Using data & AI to drive transformation in the P&C insurance industry.

To meet the ambitious goals of the Environmental Protection Agency's Greenhouse Gas Reduction Fund, innovative financing models can be adapted from established municipal finance systems.

Climate change is now a third-party player, and it's changing the rules of the game.

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.