Pay now or our grandchildren will pay later! That was the message in our Blog entitled “Global Warming Choice”. This blog was a response to Premier Rob Ford’s announcement that repeal of Ontario Legislation on climate change ” would make life more affordable in Ontario”. The important question is: if no effective action is taken …
In our event linking Climate Change to Insurance, Eric Monkman of Monkman, Gracie & Johnson Insurance Brokers told his audience of about 30 people at Trinity United Church Hall Tuesday evening that insurance claims from extreme weather have climbed dramatically over the last few years and will continue to increase as climate change worsens. In …
Read moreThe impact of Climate Change on your insurance rates
The last days of October have produced two serious reports about the dangers presented by unchecked climate change. Last year, global atmospheric CO2 levels hit a record high, a high not seen since 3 million years ago. Significantly, the rate of increase of emissions in 2016 was higher than any other recent year. These circumstances led Erik …
Two months ago, we commented on the extraordinary amount of damage caused by successive hurricanes hitting the Caribbean Islands and the US Southern States. There is no doubt that the increased severity of these “natural” events is a result of global warming. The world-wide insurance industry has for many years warned of this possibility. Four …
Read moreDamage from Extreme Weather Events – the Insurance Industry saw it coming!
Lester Brown, President of the Earth Policy Institute, described one of the disturbing aspects of climate change in these words: “Climate instability is becoming the new norm. The time when we could use climate trends of the recent past as a guide to future climate conditions is now history. We are moving into an age …