New Report Co-Authored with California Department of Insurance Analyzes Climate Risks to Insurance Industry
Climate change threatens the industry’s viability right when it is needed most. The new report from CDI and CLEE outlines key risks and opportunities for insurers, regulators, and residents.
Climate change presents a wide range of risks to California’s insurance industry, as Californians across the state contend with unprecedented wildfires, changing storm patterns, increased risks of flooding and sea level rise, and disruptions to business from agriculture to fisheries and beyond. Potential decarbonization of the economy and litigation based on climate-related damages further threaten …CONTINUE READING
The California Legislature has several environmental and land use bills in front of it right now. Under state law, the legislature must act by August 31 in order to send any of these bills to the Governor for signature. Here’s a quick summary of the pending legislation, with some links for further info. (Current information …CONTINUE READING