Climate Change and the Insurance Crisis: How Insurers Are Responding to Extreme Weather
Introduction: The Rising Threat of Climate Change Recently, the insurance industry has faced a big challenge. Extreme weather events are happening more often and are more severe. This is due to global climate change. Hurricanes, wildfires, heatwaves, and floods have pushed insurers to rethink their risk models. The industry, once focused on clear risk assessment, … Read more