NU Online News Service, Sept. 30, 3:39 p.m. EDT

The private sector has a stake in understanding the impact of climate change, especially as it comes to evaluating risk, the president of the Reinsurance Association of America (RAA) noted during a press conference Wednesday.

Yesterday, the National Climate Adaptation Summit released its report based on meetings it held in late May with a group of scientists, policymakers and regional leaders "on national and regional preparations for adapting to a changing climate."

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