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France-Wo-Wo Azienda Directories
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Azienda News:
- Insurers Want Businesses to Wake Up to Costs of Extreme Heat
Today’s newsletter looks at the “invisible peril” of extreme heat and how it's becoming a growing risk to businesses worldwide Insurers Want Businesses to Wake Up to Costs of Extreme Heat
- Extreme Heat Is Causing Billions in Damages That Insurers Won . . .
Now cities, regulators and companies are sounding the alarm about the escalating costs of heat waves, which cause tens of billions of dollars in damage each year
- The Mounting Cost of Climate for Insurers | S P Global
Climate-related disasters are leading to increased claims across the insurance industry As floods, heat waves, fires, and extreme weather becomes more common, insurers are re-evaluating their exposure
- How extreme heat affects insurance—and how the industry can . . .
Researchers from Milliman and Rebuild by Design discuss the ripple effects of coastal flooding on New York, and how proactive city planning can prepare communities for climate change Insurers are feeling the heat as another record-breaking summer finally cools off
- The fight to cut disaster costs and steady U. S. insurance . . .
The amount of money insurers have paid out when extreme weather damages or destroys property has grown by between 5% and 7% annually in recent years, according to Swiss Re, a major reinsurer
- Increasingly costly heat waves present insurance challenges
Infrastructure costs from heat-related damage were as high as $35 million, mostly for road and rail repairs, the report found Injuries to construction workers, for example, tend to increase during heat waves, the California report found
- The implications of rising insurance costs: PwC
Higher insurance costs and declining coverage availability are eroding property affordability and suppressing demand Federal Reserve Chair Jerome Powell recently cautioned that, “If you fast-forward 10 or 15 years, there are going to be regions of the country where you can’t get a mortgage,” as both insurers and lenders retreat from high-risk areas
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