Climate Change Archives - Page 4 of 4 - Insurance & Reinsurance

TODAY’S WEBINAR: Insurance Implications of Climate Change

Aug 28, 2008 | Catastrophe Claims, Climate Change, Connecticut Developments, Florida Developments, Industry Developments, Latin American Developments, Life Insurance & Annuities, Massachusetts Developments, New Jersey Developments, New York Developments | Bermuda, European Union, Hong Kong, United Kingdom, United States

Today, Thursday, August 28, Edwards Angell Palmer & Dodge’s Insurance and Reinsurance Department will host a webinar entitled “Insurance Implications of Climate Change”. This 60 minute webinar will comprise a discussion of the global legal framework which recognizes the reality of climate change.

August 28 EAPD Webinar: Insurance Implications of Climate Change

Jul 31, 2008 | Catastrophe Claims, Climate Change, Connecticut Developments, Florida Developments, Industry Developments, Latin American Developments, Life Insurance & Annuities, Massachusetts Developments, New Jersey Developments, New York Developments | Bermuda, European Union, Hong Kong, United Kingdom, United States

On Thursday, August 28, Edwards Angell Palmer & Dodge’s Insurance and Reinsurance Department will host a webinar entitled “Insurance Implications of Climate Change”. This 60 minute webinar will comprise a discussion of the global legal framework which recognizes the reality of climate change.

Senate Debates Global Warming Bill

Jul 9, 2008 | Climate Change, Federal Legislative Developments, Regulatory | United States

Last month, the Senate began debate on the first comprehensive climate change bill, known as the Lieberman-Warner Climate Security Act (the “Bill”). The Bill would rely on a “cap and trade” program (the “Program”) to give power plants, factories and refineries financial incentive to reduce their greenhouse gas emissions. Under the Bill, the Program would first set a cap on the total carbon dioxide emissions allowed in the United States.

Insurers Questioned On Use Of Rate Model Assuming Increase in Weather Related Catastrophes

Jul 8, 2008 | Catastrophe Claims, Climate Change, Florida Developments | United States

According to the Insurance Information Institute, the cost of homeowners insurance along the East and Gulf coasts has increased by as much as 100% since 2004. The Wall Street Journal (WSJ) recently reported that regulators and other critics contend that this increase in premiums is due in part to insurers’ use of a “computerized catastrophe model” that assumes climate change resulting in more frequent and more severe hurricanes.

NAIC Considers Climate Change Measures

Jun 18, 2008 | Climate Change, Regulatory | United States

A white paper examining the potential impact of climate change on the insurance industry has recently been approved by the National Association of Insurance Commissioners’ (“NAIC”) Climate Change and Global Warming Task Force (the “Task Force”). The white paper is intended to begin a process of encouraging, or even requiring, insurers to address climate change risk in order to protect consumer and insurer solvency.

Zurich Financial Services Appoints Tony Blair as Climate Change Advisor

Jan 31, 2008 | Climate Change, Industry Developments, Regulatory | United States

Zurich Financial Services has announced that former UK prime minister, Tony Blair, is to advise the insurance based financial services giant on developments and trends in the international political environment.

A New Climate Change Report is Bad News for UK Insurers

Jan 30, 2008 | Climate Change, Industry Developments, Regulatory | United Kingdom

UK insurers have been subject to increasing levels of flood and storm claims in recent years. A new report from the Marine Climate Change Impacts Partnership indicates that the trend is likely to continue.

Sen. Lieberman and Sen. Warner Introduce America’s Climate Security Act of 2007

Nov 30, 2007 | Climate Change, Federal Legislative Developments, Industry Developments, Regulatory | United States

Last month, Sen. Joseph Lieberman (I. CT) and Sen. John Warner (R. VA), respectively the Chairman and the Ranking Member of the Senate Environment and Public Works Subcommittee on Private Sector and Consumer Solutions to Global Warming and Wildlife Protection, formally introduced to Congress “America’s Climate Security Act of 2007”, which if enacted, would empower the Administrator of the Environmental Protection Agency to establish a Federal program whereby the Environmentally Protection Agency would have the duty and authority to reduce greenhouse gas emissions in the United States.

Florida’s CFO Notes that Insurers Acknowledge Danger of Climate Change

Oct 16, 2007 | Climate Change, Florida Developments | United States

Florida’s Chief Financial Officer, Alex Sink, recently co-authored an op-editorial for the Washington Post, noting the insurance industry’s recognition of the perils related to climate change.

Investors Representing $1.5 Trillion in Assets Call upon the SEC to Require Full Corporate Climate Risk Disclosure

Oct 3, 2007 | Climate Change, Florida Developments, Regulatory | United States

On September 18, 2007, a broad coalition of large institutional investors, state officials and environmental groups filed a petition for interpretive guidance with the U.S. Securities and Exchange Commission titled Request for interpretive guidance on Climate Risk Disclosure, No. 4-547.

Topic: Climate Change

TODAY’S WEBINAR: Insurance Implications of Climate Change

August 28 EAPD Webinar: Insurance Implications of Climate Change

Senate Debates Global Warming Bill

Insurers Questioned On Use Of Rate Model Assuming Increase in Weather Related Catastrophes

NAIC Considers Climate Change Measures

Zurich Financial Services Appoints Tony Blair as Climate Change Advisor

A New Climate Change Report is Bad News for UK Insurers

Sen. Lieberman and Sen. Warner Introduce America’s Climate Security Act of 2007

Florida’s CFO Notes that Insurers Acknowledge Danger of Climate Change

Investors Representing $1.5 Trillion in Assets Call upon the SEC to Require Full Corporate Climate Risk Disclosure

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