Climate change

The shortcomings of emerging "climate services" are concerning to some observers.

Zurich's departure will raise further questions about the workability of voluntary industry associations targeting emissions reductions.

The reinsurer will exit the Net-Zero Insurance Alliance, which is a sub-unit of the Glasgow Financial Alliance for Net Zero, it said on Friday.

Los Angeles-based Sensible Weather Co. is offering a supplemental insurance coverage that automatically sends you a refund if weather turns bad.

Key market drivers that are set to shape the industry and practical tips for managing the change.

The insurtech combats climate change through its data-driven underwriting and risk management processes.

Climate impacts are also making it more expensive to insure homes against these threats.

With the right tech, agents can deliver more value more quickly.

In other news: Chubb appoints climate tech leaders.

Deloitte announced the launch of GreenLight Solution, an enterprise decarbonization Software as a Service (SaaS) solution.

Senator Bryan Hughes, a Republican, sent letters to major insurers, including Berkshire Hathaway Specialty Insurance Co., Progressive Corp., and Allstate Corp., with questions about proposals related to the energy industry, according to a copy seen by Bloomberg News.

First Street estimates that 13.4 million US properties that aren't currently vulnerable to tropical cyclones likely will be in 30 years' time.

Using machine learning technology, the solution analyzes property features and flood risk information.

Insurance companies have an opportunity to be at the forefront of climate change mitigation.

Rising repair costs and lack of insurance education contribute to coverage gaps.

Backers of Chicago-based Buoyant include the Microsoft Climate Innovation Fund, Bank of America Corp., Xcel Energy Inc. and the Office of the Illinois State Treasurer, according to a statement.

Digital capabilities like mobile insurance and parametric insurance can lend swift aid to vulnerable households during a Nat Cat event.

Consider introducing specific touch points and service level expectations.

Three ways for carriers to improve the policyholder's experience by unlocking the value of their data.

Reinsurers Swiss Re and Munich Re have reduced their capacity in Florida by as much as 80%.