Coastal Counties Fuel Population Rise and Climate Concerns in Florida

Strong building codes

Roughly 16 million Floridians, or three-quarters of the state, live in coastal counties vulnerable to climate-related issues such as rising sea levels and flooding. Those 35 counties have gained nearly six million residents since 1990. Florida was the eighth fastest-growing state in the past decade and is home to eight of the 20 fastest-growing coastal… Continue reading Coastal Counties Fuel Population Rise and Climate Concerns in Florida

UN Climate Report’s Warnings Compound Worries in Insurance World

climate change and higher insurance rates

A UN climate change report’s warnings are compounding alarm in the insurance industry and companies that pay premiums, as they eye increased risks from more frequent and more severe storms, wildfires, droughts, and rising sea levels threatening coastal cities. The Intergovermental Panel on Climate Change report—which United Nations Secretary General Antonio Guterres branded a “code… Continue reading UN Climate Report’s Warnings Compound Worries in Insurance World

Are Floating Hotels, Office Buildings the Answer to Rising Sea Levels?

TWIA credit line for storm damage

A real-estate investor is building 16 hotels for the 2022 soccer World Cup in Qatar, but they won’t be there for long. All of them will be floating on water. Admares, the Finnish company behind the project, reached a deal last month to build the temporary lodging. Chief Executive Mikael Hedberg got the idea for… Continue reading Are Floating Hotels, Office Buildings the Answer to Rising Sea Levels?

Hiscox Launches New FloodPlus App to Highlight Threat of Rising Sea Levels

TWIA credit line for storm damage

Hiscox, the specialist global insurer, has developed a new app – FloodPlus AR – that uses Augmented Reality (AR) to illustrate the growing flood threat to coastal towns and cities from rising sea levels. The new app allows people to see how predicted sea level rises could affect Greenville, a suburb of Jersey City in… Continue reading Hiscox Launches New FloodPlus App to Highlight Threat of Rising Sea Levels