Climate change

The bill passed in the Florida House of Representatives by a vote of 84 to 33 Wednesday afternoon after the Senate approved the legislation Tuesday, according to the Florida Senate's website.

AI tools can help insurers with historical loss projections more effectively predict the impacts of future catastrophes.

The company filed for Chapter 11 bankruptcy in Fort Lauderdale on Sunday, court papers show.

The National Flood Insurance Program is a primary source of flood insurance but Risk Rating 2.0, could change that.

The United Nations-run gathering will have representatives from 191 countries.

The predictive model is powered by AI analysis based on data from over 1,500 wildfire losses.

There's a growing collective effort by national regulators, state governments, insurers and banks to address impacts of a warming planet.

Most of those costs stem from Hurricane Ian, which slammed into Florida in September.

The world can still avoid the worst effects of climate change by speeding up electrification and renewables deployment and supporting development of hydrogen and carbon capture.

Startup Centinel building a new parametric insurance service that automates claims

Three steps for businesses to make progress on an initial climate risk assessment and goals.

Vulnerable nations had asked for a new program to provide technical assistance and funding as they deal with more intense droughts, storms and other weather events exacerbated by the Earth's warming.

Climate-tech venture funding is holding strong , according to the latest figures from clean energy research firm BloombergNEF.

New Zealanders are not alone in struggling to price the risk to property that comes from sea level change and flooding.

The industry is shaping ESG adoption on a world scale and a comprehensive ESG plan should include a focus on data.

High-resolution, high-frequency imagery assists insurers with claims processing, underwriting and post-disaster property inspections.

Property and casualty insurers can benefit from tools and data that enable them to assess damage and address claims quickly.

"No bonding will be needed to pay for Ian-insured losses," says Ben Watkins, director of Florida's Division of Bond Finance.

California's biggest utility said the costs of the Mosquito Fire should be largely offset by insurance and other rate recoveries, according to a filing Thursday with the US Securities and Exchange Commission.

The Zurich-based reinsurer's key unit saw $2.5 billion in claims related to large catastrophes including the storm which hit Florida last month, it said in a statement on Friday.