Is It Hot Enough For You?

Even though Al Gore has been awarded the Nobel Peace Prize, the debate over whether man-made pollution is responsible for global warming and the Earth’s eventual self-destruction is far from settled. But that doesn’t mean property insurers shouldn’t be moving aggressively to offset the potential risks of climate change, no matter what the cause, according to a panel of experts at this week’s Property Casualty Insurers Association of America annual conference.

Instead of obsessing or arguing over the global threat posed by climate change, property insurers should focus on practical steps to limit catastrophe exposures on individual homes and businesses, the panel agreed–even though they did not all agree about the cause of global warming, or its results.