Treasury eyes probe of climate impacts on insurance costs ...Middle East

The Hill - News
Treasury eyes probe of climate impacts on insurance costs
The Treasury Department is looking to assess whether climate change-fueled extreme weather is raising property and casualty insurance costs.  The Treasury on Tuesday proposed to collect information from insurance providers about whether climate change will impact both availability and affordability of policies.  Climate change is expected to either increase the frequency, the intensity or both of certain weather extremes. For example, it has been linked to both worse and more extreme floods and higher-intensity hurricanes.  In a statement, Treasury Secretary Janet Yellen described the proposal as an important way to figure out how climate change may be increasing costs for Americ

Hence then, the article about treasury eyes probe of climate impacts on insurance costs was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Treasury eyes probe of climate impacts on insurance costs )

Apple Storegoogle play

Last updated :

Also on site :