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Insurance Firms Warn of the Uninsurable Future of Climate Change

2013-06-28 22:28:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Ocean warming from climate change could make some parts of the world "uninsurable," according to a new report from global insurance trade body, the Geneva Association. It warns that the speed at which global oceans are warming is threatening the industrys ability to sell affordable policies around the world, with parts of the United Kingdom (UK) and the U.S. state of Florida already facing a risk environment that is uninsurable. And these areas are unlikely to be the last that will experience...

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