We Benefit From Life Insurance, So Why Not Climate Insurance?

January 5, 2015 by Noah Kaufman

Scientists agree that climate change will have negative consequences, but there is enormous uncertainty regarding the extent of the damages. Yet, when economists estimate the benefits of climate policies, it is common to ignore the role that policy plays as insurance against the possibility of catastrophic events.[read more]

Insurance for Your Solar Business Future? A Message to Solar Businesses

March 16, 2014 by Nigel Morris

Solar Business Insurance

Like you, I sometimes wonder about the value of insurance. For me, I look at the value of what I want to insure and weigh it up against the cost of insurance and the risk of something happening. I bought some insurance for my solar business for a measly $50 a month, because the future of the solar industry is at risk.[read more]

Climate Change: Extreme Weather, Insurance Companies, and Taxpayers [VIDEO]

April 28, 2013 by Tom Schueneman

climate change and taxes

The costs of extreme weather events in 2012 totaled one percent of the nation’s gross domestic product. Insurance companies are “under water” in more ways than one and the US taxpayer is being squeezed.[read more]

Insurance Industry Ill-Prepared for Climate Change Risks and Impacts

March 15, 2013 by Tom Schueneman

extreme weather events

US insurance companies are well aware of the rising costs of increasingly frequent and more intense extreme weather events. Yet most are ill-prepared.[read more]

Climate, Insurance & the Next Financial Meltdown

January 5, 2012 by Marc Gunther

Well-to-do Brazilians are buying up luxury condos on the beach in Miami, The Times reported last week. “They are taking Miami by storm,” one real estate executive declared. It’s an unfortunate metaphor.[read more]

Nuclear Risk Insurance

August 22, 2011 by Barry Brook

It is often said by the anti-nuclearists that the commercial nuclear energy industry “can’t get insurance” against the risks of nuclear or radiological accidents, or that it is “uninsurable”. This is simply garbage, a myth, a load of baloney that gets exclaimed backwards and forwards between the anti-nuclearists, without any of them ever bothering to actually check the facts or do the research. It’s simply a meme, one of many nonsense pseudo-fact memes that persist in the community of people who are really just devout believers that nuclear energy is bad.[read more]

Is Nuclear Power Too Risky to Afford?

December 21, 2009 by Charles Barton

Currently anti-nuclear ideologues are touting the line that nuclear power is too expensive. But too expensive in what ways? Nuclear critics have pointed to a report by Citigroup Global Markets on Nuclear Risk Factors. It states: There are five substantial areas of risk faced by developers of new nuclear power stations. Three of those...[read more]

Insurers must disclose climate-change exposure

March 24, 2009 by Joseph Romm

Global warming is already having an impact on extreme weather disasters. In 2006 Peter Höppe, head of Munich Re’s Geo Risks department, co-chaired a workshop on the subject and told Nature: “Climate change may not be the dominant factor, but it has become clear that a relevant portion of damages can be attributed to global warming” (...[read more]

Green Insurance: Number of Climate Change-Related Products Doubles in 2007

October 30, 2007 by Stephen Del Percio

Ceres is a non-profit coalition of investors, environmental groups, and other public interest organizations that works with companies as they negotiate the issues implicated by sustainability and climate change. Last week, it released From Risk to Opportunity: 2007, Insurer Responses to Climate Change, a comprehensive overview of...[read more]