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Derrick Z. Jackson

Bad weather policy: Insuring against climate change

For insurance companies, climate change is not only real; it’s really expensive. Will Washington notice?

By Derrick Z. Jackson

 |  Globe Columnist  

  November 30, 2011

It is no longer just environmentalists who listen intently when climate change projections keep getting worse and worse. It is the insurance companies. While national climate change policy remains in partisan Washington gridlock, insurers worldwide are seeing first hand that the sky is truly falling. Losses from the extreme weather of climate change are no longer chump change.

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