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Scientists have built consensus around the probability that more powerful floods, fires, droughts and storms will occur with higher frequency as the Earth gets hotter.
The first-in-the-nation stress test specifically assessed companies financial ties in fossil fuels. (Photo: rivalstrife/iStock)In an unprecedented move, California has become the first state to conduct a climate-related financial risk stress test and analysis of insurance companies’ investments in fossil fuels. The test was issued by the California Department of Insurance (CDI) and Insurance Commissioner Dave Jones.
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Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].
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Intensifying weather events are driving higher losses for insurers
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Which U.S. cities face the highest risk from climate change?
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