$900 Billion Insurance Risk From Global Warming

<p>Congressional investigators calculate the insurance risk of crop damage and flooding due to climate change.</p>
April 23, 2007, 8am PDT | Abhijeet Chavan
Share Tweet LinkedIn Email Comments

"That total has grown from about $209 billion in 1980, and could be even higher today because it is based on two-year-old data, according to a report. It recommends an analysis of the potential long-term implications of climate change for federal flood and crop insurance programs...Droughts, hurricanes, flooding and other factors of climate change are now considered in the risk calculations by many large private insurers."

Full Story:
Published on Friday, April 20, 2007 in MSNBC
Share Tweet LinkedIn Email