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Insurance Industry Urges Better Data to Combat Climate Risks

4/11/2025

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Summary

Story summary

The insurance industry is pivotal in tackling climate risks, but faces challenges with limited and expensive data access. As weather-related costs soar in the U.S., there's an urgent call for better tracking of natural disasters. Key strategies involve increasing data transparency, revising building codes, and exploring federal support programs to strengthen resilience against climate change.

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Story summary

The insurance industry is pivotal in tackling climate risks, but faces challenges with limited and expensive data access. As weather-related costs soar in the U.S., there's an urgent call for better tracking of natural disasters. Key strategies involve increasing data transparency, revising building codes, and exploring federal support programs to strengthen resilience against climate change.