Tag: climate change

In as little as 6 years climate change could raise American birth defects

Logan B.
birth defects - pregnancy

The impact of rising global temperatures could soon become heartbreakingly evident to families. Climate change could start raising the rate of American birth defects as soon as 2025, according to a new study. The research was published by the Journal of the American Heart Association last week. The study showed the various ways in which longer and more intense heat events will affect pregnant women. The research found that pregnant women are exposed to longer heat and more intense heat events, it has a measurable impact on their unborn babies.…

Read More

California Insurance Commissioner Dave Jones seeks more insurer fossil fuel divestment

Marc
California insurance commissioner fossil fuel divestment - coal

Jones is pushing forward with this initiative as he simultaneously releases new oil, gas and coal data. California Insurance Commissioner Dave Jones is driving ahead in his effort for fossil fuel divestment. This hot button move is continuing forward right up to the close of 2018 and his position at the top of the state’s insurance industry regulator. Last week, Jones released the most recent data regarding insurance company investment into fossil fuels. With the release of that data, the California Insurance commissioner brought the new fossil fuel disclosures into…

Read More

European insurance companies seek to reduce risks from CO2 and coal

H. Cutner
European Insurance companies - Focus on Europe

The sector is creating its own plan in the name of climate change and cutting back on its risks. European insurance companies are boosting their investments in green energy at the same time that they’re letting go of certain carbon intensive businesses. This move is being made for the purpose of doing their part to cut back on risks associated with climate change. This move was announced at the same time that 200 countries meet in Poland to discuss climate initiatives. As a growing number of countries around the world…

Read More

Insurance industry calculations required to change due to climate change impact

H. Cutner
Insurance industry calculations - Global Warming

Insurers have become the front line of the unpredictability linked with the Earth’s rapid warming. Insurance industry calculations are being forced to change as a result of the impact of climate change on the risks facing multiple sectors. Due to the nature of the business, insurance companies are among the first to face these issues. Measurably increasing rates of natural disasters are raising the number of claims and the size of those insurance claims to property, business, and auto insurers. Storms such as hurricanes and tornadoes, as well as droughts…

Read More

Swiss Re insurance stops covering coal-dependent companies

Julie Campbell
Swiss Re insurance - Coal Station

The massive insurer is a part of a growing movement finding that fossil fuels are becoming a liability. The Swiss Re insurance giant has implemented a new policy against covering firms highly reliant on coal. As the world works to eliminate coal power, firms are finding that the move is as good for their bottom line as it is for the environment. The insurance industry is starting to see many fossil fuels as a type of reliance too risky to cover. The new Swiss Re insurance coverage policy will refuse…

Read More