A growing climate industrial complex is driving up premiums, lining the insurance industry’s pockets and draining Americans’ pocketbooks, according to some academics. “The notion of ‘climate risk’ to ...
Add Yahoo as a preferred source to see more of our stories on Google. In the housing market, homeowners insurance has become the embodiment of the effects of climate change. Over the past several ...
Forbes contributors publish independent expert analyses and insights. I cover global and domestic health care and conservation. Climate change often feels distant—something discussed in headlines, not ...
Home insurance is a vital safeguard for protecting one of the most valuable assets many people own. However, in recent years, homeowners in climate risk areas have been facing steep increases in their ...
Forbes contributors publish independent expert analyses and insights. Hughey Newsome is a CFO who focuses on sustainability-focused metrics. Recent flooding in the Western United States is a probable ...
The headlines are relentless, loudly proclaiming that ­climate-fueled extreme weather has caused an insurance crisis, reflected in dramatic rate increases for homeowners and businesses. Some warn that ...
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. Premiums have tripled. Your ...