As climate change threatens California, officials seek 'sustainable insurance'

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As climate change threatens California, officials seek 'sustainable insurance'
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As global warming threatens California with coastal flooding and contributes to ever more destructive wildfire seasons, the state's insurance commissioner has announced a collaborative agreement with the UN to develop a 'sustainable insurance road map.'

California regulators are teaming up with the United Nations to develop “sustainable insurance” guidelines that would help address climate-change-related disasters such as coastal flooding and larger wildfires — the first such partnership of its kind between the international organization and a U.S. state, officials announced Tuesday.

Scientists contend that climate change is helping to fuel larger and more destructive wildfires, although they cannot say global warming is the cause of any specific blaze. Similarly, researchers say“We have a historic opportunity to utilize insurance markets to protect Californians from the threat of climate change, including rising sea levels, extreme heat and wildfires,” Lara said in a statement.

“We’re not just talking fire, but sea level rise, coastal erosion, things like that,” said state Sen. Nancy Skinner . “If we want to create a condition where the insurance industry wants to stay, we have to be able to show that we’re making these changes.”

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