Property and Casualty Insurance

How Insurance Companies Can Decarbonize Their Portfolios Profitably

The insurance sector is being compelled to reconsider risk—and opportunity—as 2024 sets yet another record for losses brought on by climate-related calamities. One thing is certain: decarbonization is an economic necessity as well as an environmental obligation. Thankfully, an increasing amount of data indicates that decarbonizing portfolios is not only feasible but also profitable. The …

Is Your House in Alabama Prepared for a Storm? What is Actually Covered by Insurance in a Hurricane

Although you may believe that you are covered by your insurance coverage, the fine print may indicate otherwise. In order to safeguard your property and your peace of mind as the winds kick up, let us examine what most homeowners insurance actually covers during a hurricane. Let us Talk About Risk First: Hurricanes and Alabama …

Insurance and Climate Change: How Increasing Risks Are Driving Up Rates

Here are the reasons behind the skyrocketing premiums and the implications for the future of insurance due to climate change. The New Normal in Nature Is Dangerous First, let us address the obvious: the earth is changing. Fast. Seasons for wildfires are longer. Areas affected by flooding are growing. Every year, heatwaves set new records. …