Green insurance to help protect against increased climate change risks

Green Insurance

Global warming and climate change may cause green insurance companies to pay higher disaster claims. Climate change is leading to a larger number of natural disasters that are causing a greater amount of damage so that insurers are faced with much higher claims as well as lawsuits related to global warming, forcing these firms to protect themselves with green insurance and keeping up with alternative energy resources. It hasn’t taken insurers long to recognize the difference that climate change is making, but the steps that need to be taken in…

Read More

CalCEF introduces new insurance initiative aimed at growing the alternative energy industry

When it comes to alternative energy, insurance is usually the furthest thing from people’s minds. Insurance, however, may hold the key to the future of renewable fuel, according to the California Clean Energy Foundation (CalCEF). CalCEF has long been a proponent of alternative energy, but both consumers and investors have been slow to warm to the concept of sustainability. While the reasons behind sluggish adoption are numerous, the foundation believes that risk may be a major deterrent to investors. This has led the foundation to propose a suite of private…

Read More

Medicus Insurance Company drops rates in 6 states, touts their new green initiative

Medicus Insurance, providers of liability insurance for medical professionals, has announced that it will be lowering its rates in six states across the country – Arizona, Kansas, Nevada, Ohio, Virginia and its home-state Texas. The company operates in 24 states throughout the nation. The move to reduce rates is part of an overarching effort to promote their green initiative. In the coming years, Medicus hopes to make each of its offices paper-free, relying on digital mediums to do business. Each state is subject to its own, specialized rate reductions. In…

Read More