Tag

climate change

Real Estate

Hurricane Season: Understanding the New Normal

Hurricane season is approaching, and with it, a new reality when storms hit properties in its path. According to a recent report put out by Zurich North America, one of our key carrier partners, despite the overwhelming evidence of a “new normal,” communities are not taking broad action to protect their coastal areas and vulnerable properties and infrastructure. The risks remain high for property owners.

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Real Estate, Hospitality & Restaurants, Sustainability

Insurers Addressing Impact of Extreme Weather

9WTNHBFJUXThe issue of climate change is one on which the insurance industry is strongly focusing, particularly in the light of the severe weather that has devastated communities throughout the United States over the last several years. 2015 alone included 10 weather and climate disaster events across the U.S. that each exceeded $1 billion in damages. Insurers are looking for ways to address the challenges being faced through environmental initiatives at their own organizations, as well as product innovation and risk management solutions for clients.

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