Home Energy Magazine's Blog – December 2012 Archive (1)

Insurance Industry Paying Increasing Attention to Climate Change

The insurance industry, the world's largest business with $4.6 trillion in revenues, is making larger efforts to manage climate change-related risks, according to a new study published today in the journal Science.

"Weather- and climate-related insurance losses today average $50 billion a year. These losses have more than doubled each decade since the 1980s, adjusted for inflation," says the study's author Evan Mills, a scientist in Lawrence Berkeley National Laboratory…

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Added by Home Energy Magazine on December 18, 2012 at 12:58pm — No Comments

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