Forecast for Insuring Commercial Solar Panel Installations: Partly Cloudy
The United Nations recently described climate change as “the defining crisis of our time.” Further, a flagship UN report on climate change declared that the world is on a fast track to disaster because of rising carbon emissions. As we are all aware, soaring temperatures, more severe and frequent storms, rising sea levels and increased wildfires are among the parade of threats with costly consequences resulting from decades of ignoring climate change. According to Thomson Reuters, insured losses from natural catastrophes such as wildfires and storms have increased by 250% in the last 30 years.