Tag: climate change

What Is Parametric Insurance?

Extreme weather events have made insurance companies leery of offering coverage in disaster-prone areas. But insurance is necessary, and businesses are paying more for fewer coverage options in many locations and industries….

NAIC: 8 ways to reduce the risk of climate-change losses

The National Association of Insurance Commissioners (NAIC) reports that three out of four homeowners are at risk of becoming the victims of a severe weather event, but more than half of homeowners fail…