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Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re

Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which could make some weather risks uninsurable, according to a report published by Swiss Re.

“Failure to take immediate, tangible action to confront warming temperatures could lead to climate systems reaching irreversible tipping points,” said the sigma report titled “Natural catastrophes in times of economic accumulation and climate change.”

States and Feds Bracing for More Disasters Related to Climate Change

(TNS) - State lawmakers across the country are calling for huge investments to mitigate the effects of wildfires, flooding, hurricanes, droughts and other natural disasters made more devastating and frequent by climate change.

Following the hottest decade on record, which saw record-breaking wildfires in the West, extreme weather events like Superstorm Sandy, a years-long drought in California, and severe flooding in the Midwest, legislators in many states say it's long past time to treat such events as the new normal — and invest accordingly.

Climate Change and Cyber Attacks Named as Biggest Global Security Threats

Climate change is seen by more countries as a top international threat, but many also name ISIS and cyberattacks as their top security concern, according to a new survey by the Pew Research Center conducted among 27,612 respondents in 26 countries from May 14 to Aug. 12, 2018.

The Intergovernmental Panel on Climate Change released a report last year expressing serious concerns about the possible impacts of climate change, both in the near and distant future. Broadly speaking, people around the world agree that climate change poses a severe risk to their countries. Since 2013, worries about the climate threat have increased significantly. The biggest increases have been in France (up 29 percentage points) and Mexico (up 28 points), but there have been double-digit rises in the U.S., U.K., Germany, Spain, Kenya, Canada, South Africa and Poland as well.