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How the insurance industry is dealing with climate change

2013-09-25 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Smithsonian: Risk analysis groups have detected an increased frequency of Atlantic hurricanes due to climate change, forcing insurance companies to rethink their models. Photo by Flickr user Brian Birke When it comes to the calculating the likelihood of catastrophic weather, one group has an obvious and immediate financial stake in the game: the insurance industry. And in recent years, the industry researchers who attempt to determine the annual odds of catastrophic weather-related disasters--including floods...

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