Latest in Insurance Climate Change
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‘Delay, Deny, Defend’ author: Fix the insurance industry to calm Americans’ rage
Anger at insurers goes beyond health coverage.MarketWatch - Jan. 11 -
The California Wildfires Are the Latest Disaster Supercharged by Climate Change
Extreme weather events — deadly heat waves, floods, fires and hurricanes — are the consequences of a warming planet, scientists say.The New York Times - Jan. 11 -
Wall Street looks forward to a bonfire of capital and climate rules under Trump
Profits are poised to dominate in a new era shorn of years of hard-won regulatory restrictions. When some of the biggest banks on Wall Street reveal their full-year earnings this week, they will ...The Guardian - Jan. 11 -
L.A. fire victims cautioned to view insurance claims process as 'business transaction'
Southern California residents facing losses from this week’s Los Angeles-area fires are beginning to confront their next challenge: filing an insurance claim.NBC News - Jan. 11 -
Climate change parches Western US, providing fuel for fires
Climate change is making the Western United States drier, which can fuel wildfires like those affecting Los Angeles. With higher temperatures come parched landscapes full of vegetation that can ...The Hill - Jan. 11 -
The utterly plausible case that climate change makes London much colder
For some climate scientists, global warming threatens Britain with a more unexpected scenarioFinancial Times - Jan. 11 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
As a Climate Scientist, I Knew It Was Time to Leave Los Angeles
After the Bobcat fire, the area no longer felt safe.The New York Times - Jan. 10 -
Fire home insurance: What people in California should not do
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't sign anything right away.ABC News - Jan. 10 -
California homeowners battle an 'insurance crisis' as wildfires burn out of control
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...NBC News - Jan. 10 -
What to know about California fires insurance claims, cancellations
Los Angeles officials provided an update for residents having to deal with insurance claims after several wildfires swept through Southern California. California Insurance Commissioner Ricardo Lara ...CBS News - Jan. 10 -
For richer, for poorer: the changing finances of divorce
Budget changes make navigating the economic dynamics of relationships more taxingFinancial Times - Jan. 10 -
California official bans insurance cancellations, nonrenewals in wildfire-affected areas
California's insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by devastating wildfires in and around Los Angeles. “I am using my ...The Hill - Jan. 10 -
To resist the climate crisis, we must resist the billionaire class | Peter Kalmus
To solve the climate crisis, power must flow away from the billionaire class. When I feel uncertain, I find it’s helpful to write down things I know to be true. Fossil fuels are causing ...The Guardian - Jan. 10 -
Biden’s climate narcissism could destroy America’s energy advantage
A majority of the country elected Donald Trump, who campaigned on a promise to “Drill, baby, drill.” Voters should be furious about Biden’s efforts to permanently ban most drilling offshore.The Hill - Jan. 10 -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - Jan. 10 -
WATCH: Insurance expert on how to prepare for insurance claims amid California fires
ABC News’ Linsey Davis speaks with insurance broker Karl Susman about the difficulty of insuring homes and making fire claims in California as residents begin to survey the damage left by the fire.ABC News - Jan. 9 -
Thousands of L.A. homeowners do not have insurance amid fires
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business ...CBS News - Jan. 9 -
BlackRock quits climate change group in latest green climbdown
World’s largest money manager had staked out position as sustainable investment leaderFinancial Times - Jan. 9 -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - Jan. 9 -
What Californians should know about filing insurance claims after fire
For those who have it, a standard homeowners' insurance policy does cover destruction caused by fire, including wildfires.CBS News - Jan. 9 -
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.CBS News - Jan. 9 -
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.Wired - Jan. 9 -
Climate 'whiplash' linked to raging LA fires
Experts say that rising global temperatures are making wild fires more likely in California.BBC News - Jan. 9 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
Million year-old bubbles could solve ice age climate mystery
What is probably the world's oldest ice, dating back 1.2m years ago, has been dug out from deep within Antarctica.BBC News - Jan. 9 -
The Los Angeles wildfires are climate disasters compounded
Conditions for a January LA firestorm have not existed before now, writes a meteorologist and climate journalist. California wildfires – live Californians: have you been affected by the ...The Guardian - Jan. 9 -
What did Jimmy Carter do to fight climate change?
The wildfires in California are the latest in a string of natural disasters made worse by climate change. Former President Jimmy Carter was one of the first U.S. officials to draw attention to ...CBS News - Jan. 8 -
What is Biden's legacy on climate change?
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of ...CBS News - Jan. 8 -
Can Americans end our abusive relationship with private health insurance?
What we mainly fear is that “breaking up” with the current private insurance model would be even worseThe Hill - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
A Key Part of Biden’s Climate Law Was Built to Survive Trump. Now, the Test.
A lucrative tax credit for renewable energy could be hard to kill because it applies to a technologies favored by Republicans, not just wind and solar.The New York Times - Jan. 7 -
The solicitor general climate change briefs that didn’t bark
This failure exposes the weakness of the Biden administration’s position supporting the climate change plaintiffs.The Hill - Jan. 7 -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - Jan. 6 -
Climate change is hampering US apple quality and output: Study
Many of the nation's biggest apple-generating regions are confronting challenges in crop growth and development, due to the impacts of a changing climate, a new study has found. While apple ...The Hill - Jan. 6 -
Sabres Make Fascinating Changes To Lines
The Sabres have made some changes to their lines at their morning skate.Yahoo Sports - Jan. 6 -
Insurers limit coverage of prosthetic limbs, questioning medical need
Only 30% of beneficiaries who lost a limb in 2016 received a prosthesis within three years, a report found.CBS News - Jan. 6 -
Why climate activists are becoming more radicalized (and why that’s not a bad thing)
So, how can we make sense of what comes next for the climate movement by looking back to the Civil Rights Movement?The Hill - Jan. 6 -
Climate crisis ‘wreaking havoc’ on Earth’s water cycle, report finds
Global heating is supercharging storms, floods and droughts, affecting entire ecosystems and billions of people. The climate crisis is “wreaking havoc” on the planet’s water cycle, with ferocious ...The Guardian - Jan. 6