Climate Change

Insuring the Climate Transition: How Can the Construction Industry Confront Escalating Storm Damage?

Adverse weather events are costing the construction sector billions annually in direct and contingent business interruption losses.

Four Ways Blockchain Can Help the Insurance Industry Tackle Climate Change

Want to Make Yourself a Better Climate Change Risk Manager? Here’s One Way

California’s Recent Floods Prove We’re Not Prepared for What’s Coming. Why Higher Insurance Uptake Can’t Be the Only Solution

7 Key Takeaways from the Willis Towers Watson Life Sciences Report

Recently in Climate Change

Don’t Worry, Newly Proposed SEC Climate Change Rules Could Boost Your ERM Strategy. Here’s How

The SEC maneuvered ESG factors further into the risk category with its recently proposed rule.

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Stop Blaming the Little Guy. Climate Change Is a Big Business Risk, and It’s Time Corporations Acted

Several reports reveal startling information regarding large corporations’ roles in the ever-growing climate crisis.

U.S. Flooding Losses Could See a 26% Uptick by 2050. You Can Thank Climate Change

A new study examines how U.S. flood risk could increase due to global climate change.

Opinion | What’s a ‘Feral Swine Bomb’? Don’t Worry, It’s Just Another Distraction from the Risks You Should Be Concerned About

Too many people living by the ocean and overwhelming infrastructure isn’t the government’s fault. It’s a product of entitlement.

Construction Insurance Pricing Reaches a Crossroad. Are Labor and Material Shortages and Climate Change to Blame?

Construction insurance pricing is being impacted by several risks of note that underwriters must review.

2021’s Top Risks in Review and How We Can Anticipate the Ones to Come in 2022

This risk manager’s take is that we need to continue to focus on resiliency, not merely loss avoidance.

Risk & Insurance Conference Update: What Was Discussed at the 2021 National Disaster Resilience Conference

Weather and risk professionals gathered in Florida for the 2021 National Disaster Resilience Conference.

ESG Regulatory Risk Got Your Attention? Don’t Overlook Environmental Risks

A mere 9% of businesses rank environmental as the top risk in 2022. What that means for the industry moving forward.

Climate Change and ESG Are Valid Concerns, But That Doesn’t Mean Risk Managers Should Panic

Addressing climate change risk head on enables risk managers to be ahead of the game on ESG-related concerns.

Resilient Construction Is the Future of the Industry. Here’s Why

Resilient construction presents a major business opportunity for contractors over the next few years. Here’s what they need to know about this building technique and how their risk managers and insurers can help.

11 Questions for Risk Strategies’ CEO John Mina

Risk Strategies CEO John Mina talks to Risk & Insurance about his approach to managing company talent and culture.

The 3 Top Risks For 2021 and Beyond, According to AXA XL

From climate change to cybersecurity, experts identified these issues as our greatest risks. How will risk managers respond?

When the Dry Spell Doesn’t End: What Are Farmers’ and Insurers’ Next Moves In the Face of a Megadrought?

A prolonged megadrought has some U.S. farmers and their insurers questioning whether more sustainable growing practices are needed.

3 Ways Insurers Can Lead the Way By Investing in a Sustainable Future

As the world is met with a debilitating pandemic and catastrophic climate events, the insurance industry can serve as a solution to sustainability.

Property Insurance Rates Could Double by 2040. Swiss Re Says You Can Thank Climate Change

A recent sigma report from Swiss Re finds climate change among the factors driving a steep rise in property and casualty premiums.

Risk & Insurance News + Notes: Ida Expected to Be Among Most Costly Hurricanes on Record, Beazley Tech Report Finds Cyber Risk Blind Spot and More

A compilation of the latest announcements, partnerships and products that are likely to have an impact on the insurance industry today.

Hurricane Ida and Business Interruption Claims. Know This, The COVID Variant Will Only Magnify Delays and Increase Losses

Hurricane Ida made landfall in Louisiana on August 29, leaving hundreds of thousands of the state’s residents with property damage and no power.

Insurers, It’s Time to Do a Better Job of Climate Change Risk Reporting. Here’s How You Can Start

The challenge for insurers will be how to report climate change risk well and still protect intellectual property.

When It’s Over 90 Degrees, Should Workers Really Be Outside? A California Study Examines the Connection Between Heat and Worker Injury

A recent study by the Institute of Labor Economics highlights the correlation between rising temperatures and worker injuries in California.

3 Wildfire Resilience Considerations You Can’t Ignore

The threat of wildfire destruction is expanding at a rapid rate due to climate change. Defensible space, wildfire resistant construction and resilience programs are three areas of focus pointed out by CNA loss prevention specialist Steve Hernandez.