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Instant Insights / The impact of climate change on P&C insurance

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.

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pollution from a smoke stack 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.

Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As Associate Editor, Danielle reports on industry news and risk-related coverage, managing all weather-related content. Danielle heads PC360's video production, producing news packages, video interviews, and animated videos. A University of Maryland and Philip Merrill College of Journalism alum, prior to this role, Danielle served as a video journalist for Verizon FiOS 1 News NJ on the show "Push Pause." Connect with Danielle on LinkedIn or email her at dling@alm.com.

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Instant InsightsThe impact of climate change on P&C insurance

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