Coming April 23!
With Special Guest
The Honorable John C. Demers
Assistant Attorney General
"Spy vs. You:
Interviewed by Evan Anderson, CEO, INVNT/IP
(Subject of 60 Minutes' "The Great Brain Robbery")
Lotte New York Palace Hotel
How a climate of financial instability is driving unprecedented global losses in the insurance and reinsurance industries
by Berit Anderson
While politicians and lobbyists argue endlessly about whether climate change is human-caused, there is one industry in particular already feeling the financial burden of global climate change: homeowners insurance.
Insurance companies around the world suffer direct financial impact whenever a wildfire swoops across Australia or Northern California or a hurricane makes its way up the Eastern Seaboard. And, although most people don't realize it yet, the numbers at these companies provide perhaps our most accurate real-time indication of the global impacts of climate change. In fact, things have gotten so dire in home insurance that we feel it merits its own discussion as an industry....