climate change News

More Than Half of Homeowners Fear Climate Change, Most Worry About Rising Home Insurance Costs

Homeowners are increasingly worried about hazards and rising insurance costs as temperatures rise in the U.S. A survey of nearly 2,000 U.S consumers shows 51% of homeowners are worried climate change-related hazards will affect their homes, while others polled worry …

Weathering the Storm: The Impact of Climate-Driven Risk Reassessments on the Housing Market

One of the most pressing challenges facing insurance professionals today is the escalating impact of extreme weather events in traditionally disaster-prone areas. Last year alone, the U.S. witnessed a staggering $92.9 billion in weather-related damages, making it a record-breaking year …

Biden’s Newest Rule on Auto Emissions Set to Boost Electric Car Sales

The Biden administration moved Wednesday to throttle pollution from the nation’s cars and light trucks, imposing tailpipe emission limits so stringent they will compel automakers to rapidly boost sales of battery-electric and plug-in hybrid models. Though the near-term requirements were …

KLM Loses Dutch Greenwashing Case on Climate Advertising

Dutch airline KLM misled customers through advertisements that suggested its flights are climate friendly, an Amsterdam court ruled. KLM makes climate claims in advertisements that are “based on vague and general statements about environmental benefits, thereby misleading consumers,” the district …

US Natural Gas Pipeline Accidents Pose Big, Unreported Climate Threat

Last October, an Idaho farmer using a backhoe punched a hole into a 22-inch pipeline buried under a field, sending more than 51 million cubic feet of natural gas hissing into the air. While the incident on Williams Companies’ Northwest …

Viewpoint: How Public Adjusters Bridge The Gap in California’s Insurance Landscape

When you consider the types of disaster that might befall a California homeowner, flooding might not be the first thing that comes to mind. But as climate change triggers more erratic weather patterns, bringing more frequent and extreme natural disasters—including …

California’s Landmark Climate Disclosure Laws Challenged by Business Groups

Major U.S. business groups sued California on Tuesday seeking to overturn the state’s new sweeping climate disclosure laws that require companies to publicly report their greenhouse gas emissions and climate-related financial risks. The lawsuit was filed in Los Angeles federal …

Londoners Unprepared for ‘Lethal’ Climate Risks, Report Says

London isn’t ready to deal with climate risks including flooding and overheating, according to an independent review of government measures. An interim report commissioned by the city’s mayor concluded that the British capital isn’t adapting quickly enough to mounting risks …

Sedgwick Highlights Industry Trends, Risks for Year Ahead

Career development, artificial intelligence, risk engineering, climate risk disclosure, and geopolitical risks are among the top issues businesses will be talking about in 2024, a new report shows. Sedgwick published its “Connect 2024,” which highlights industry trends and issues for …

Delaware Judge Limits Scope of Climate Change Lawsuit Against Fossil Fuel Companies

DOVER, Del. (AP) — A judge has rejected several claims lodged by Delaware’s attorney general in a lawsuit alleging that the fossil fuel industry has downplayed the risks of climate change. Tuesday’s ruling significantly narrows the scope of the suit …