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Weather cancellation insurance reduces an organization’s risk in planning an outdoor event. When a company or organization is holding a concert, running a special event, having a sale, or executing any form of outdoor activity and the weather prevents that activity from taking place, the organization risks losing whatever money that has been invested in the planning, organization, marketing ...
The insurance industry has been criticized by environmental activists and Democratic Party lawmakers for continuing to provide coverage to fossil fuel companies, while Republican Party lawmakers have criticized the industry for curbing policy coverage to oil-and-gas companies (even though most U.S. insurance companies have generally refrained from doing so in contrast to insurers ...
The company was founded as WeatherBill in 2006 by two former Google employees, David Friedberg and Siraj Khaliq. The company began as a startup focused on helping people and businesses manage and adapt to climate change, by providing weather insurance to ski resorts, large event venues, and farmers.
The average homeowners insurance premium jumped 33% from 2020 to 2023, rising from $1,902 per year to $2,530, according to 2024 research from economists at the University of Pennsylvania's Wharton ...
Florida’s home-insurance crisis. With so much coastline and so many hurricanes, Florida’s home insurers see a lot of action. In fact, many insurance companies are rethinking their operations ...
As climate change’s effects continue to more directly manifest in the form of increased and more severe weather, home insurance companies in the U.S. have accelerated policies to offload costs ...
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