Currently viewing the tag: "climate change"
Climate change increased the number of hurricanes, tornadoes and other weather-related catastrophes by nearly five times in North America during the past 30 years, according to research published Wednesday by the world’s largest reinsurer, Munich Re.
The German reinsurer said that “nowhere in the world is the rising number of natural catastrophes more evident than [...]
Arctic ice formed a natural sea wall that protected the barrier-reef of Kivalina, home to about 400 Inupiat Eskimos — until it thinned in recent years, and waves gulped at the shore, eroding the spit of land off Alaska’s northwestern shore and compelling residents to look elsewhere to live.
The Inupiat blame global warming and, [...]
The property-casualty industry has billions of dollars at stake each year when tornadoes, hurricanes, hailstorms and other disasters ravage homes and businesses.
But what about when a remote Alaskan village sues the energy industry, claiming that climate change has flooded the town? Are the insurers that provide coverage to the energy companies liable?
It’s actually two [...]
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