USA: Insurance companies call for better govt. preparation for human impacts of climate change
"Big Insurance Companies Are Warning The U.S. To Prepare For Climate Change", 21 Apr 2015
A coalition of big insurance companies, consumer groups, and environmental advocates are urging the United States to overhaul its disaster policies in the face of increasingly extreme weather due to human-caused climate change...“Our current natural disaster policy framework focuses heavily on responding to disasters, rather than putting protective measures in place to reduce our vulnerability and limit a disaster’s impact,” the report reads. “This needlessly exposes Americans to greater risks to life and property and results in much higher costs to the federal government.”...Adequately dealing with the risks of climate change is inherently important to the insurance industry, as failure to prepare can lead to increased costs for insurance companies when storms wipe out basements and take out walls...