The Institutes’ Pete Miller and Francis Bouchard of Marsh McLennan discuss how AI is transforming property/casualty insurance as the industry attacks the climate crisis. “Climate” is not a popular word in Washington, D.C., today, so it would take a certain audacity to hold an event whose title prominently includes it in the heart of the … Read more
The Trump Administration’s unwinding of the Building Resilient Infrastructure and Communities (BRIC) program and cancellation of all BRIC applications from fiscal years 2020-2023 reinforce the need for collaboration among state and local government and private-sector stakeholders in climate resilience investment. Congress established BRIC through the Disaster Recovery Reform Act of 2018 to ensure a stable … Read more
By Lewis Nibbelin, Contributing Writer, Triple-I U.S. property claims volume rose 36 percent in 2024, propelled by a 113 percent increase in catastrophe claims, according to a recent Verisk Analytics report. While evolving climate risks fueled claim frequency, uncertain inflation trends and unchecked legal system abuse will likely further strain insurer costs and time to … Read more
China and the EU have both sought to take a leading role in efforts to fight climate change. Unai Gómez-Hernández asks whether they might now engage in closer climate cooperation as a result of Donald Trump’s presidency. Back in 2017, the United Nations General Assembly included for the first time the phrase “community of shared … Read more
In July 2024, I wrote, together with Chhaya Bharwaj, that the execution of the first climate mitigation judgment of the European Court of Human Rights, Verein KlimaSeniorinnen v. Switzerland, was a space to watch. This was because the Court found, for the first time, that the lack of an adequate legislative framework to mitigate the … Read more