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Insurance Companies and Climate Change: What's Being Done?

By Jake McCoy on Jun 5, 2024 1:51:06 PM

Insurance companies are in the business of risk management and mitigation. They use data and analytics to determine the likelihood of a risk occurring and what the costs for the respective damages would be if it were to happen. If insurance is not available or prohibitively expensive, the risk is probably quite high. This leads us to the main question of the day; what is the risk climate change poses to Canadians and what insurance companies are doing about it?

Topics: Inflation Alberta Insurance Climate Change


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