• Geneva Association Report Says Insurance Costs for Catastrophic Losses Related to Ocean Warming and Climate Change are Expected to Climb, and Advises Insurers to Update Their Risk Estimation Methods
  • July 25, 2013
  • Law Firm: Morris Polich Purdy LLP - Los Angeles Office
  • The recent Geneva Association report begins with the statement, “[t]here is now evidence that, over recent decades, the climate has changed and we have already reached a ‘new normal’ for many climateand weather-based (extreme) indices...Even former ‘skeptics’ of climate change have started to admit that global warming is detectable and that it is most likely attributable to human emissions of greenhouse gases.”