Published by Promoting Economic Pluralism
New Orleans could be surrounded by sea water in a matter of decades according to new research. The study says the US city has reached a “point of no return”, and that …
Floods and finance: why climate change will become a more pressing economic problem for UK households Read More
Climate change-fuelled risks have now become a “crucial factor in home-buying decisions” for more than 80 per cent of potential buyers. That’s what Zillow, the US’s largest real estate listings …
Nowhere to move: How climate change became the property market’s biggest nightmare Read More Imagine waking up to find your living room underwater for the second time in five years. You try to claim insurance, only to be told your property is now uninsurable. …
Climate change is becoming an insurance crisis Read More
“The road was a raging river. It was like the ocean,” recalled Maria Blancett. “There were white caps going down the street. There were fish in the road.” Maria and …
How Florida is rebuilding for a stormy, costly future Read More
Hurricane Helene continued barreling toward Florida on Thursday, highlighting the impacts of the fossil fuel-driven climate emergency, including difficulties securing insurance coverage in regions most affected by extreme weather. “The …
Helene’s Catastrophic Potential Stokes Fear Amid Florida Insurance Crisis Read More
BLANTYRE, Malawi (AP) — The Malawian government has received an insurance payout of $11.2 million for a crippling El Nino-linked drought that led the southern African nation to declare a state of …
Malawi receives an insurance payout of $11.2 million for El Nino-linked drought disaster Read More
“Basically, if there is more damage, someone has to pay for it,” said Ernst Rauch, a climate expert with Munich Re, a major reinsurance company in Germany . Either insurance companies, the …
Will climate change make insurance too expensive? Read More
(Thursday 11th April) A major investigation into the world’s 65 largest insurance companies from the responsible investment charity ShareAction, released today, shows that both people and planet face the triple whammy …
Insurance’s triple whammy threatens the survival of people and planet Read More
“We’ve got ourselves a little monster out there,” anchorman Jim Cantore warned, facing the camera in the Weather Channel’s newsroom on a sultry August weekend in 1992. At first, few in …
US: As climate risks mount, the insurance safety net is collapsing Read More