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Buffett: Climate change not causing more disasters

2014-03-03 07:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Warren Buffett says the rate of disasters that Berkshire Hathaway's insurance companies see hasn't changed because of extreme weather. Buffett said on CNBC Monday that he hasn't made any change in the way he calculates the likelihood of a catastrophe because of climate change. Berkshire Hathaway Inc. owns several insurance and reinsurance funds and often has to pay significant claims when natural disasters strike. Buffett says insuring against hurricanes in the United States has been extremely...

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