We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
California moves to allow insurance companies to factor in climate change risk
Malaysia News News
For the first time, California’s insurance commissioner will allow insurance companies to factor in future climate risks when setting new policy prices. The move is aimed at keeping companies from fleeing the state, but critics are concerned over spiked premiums. NBC News’ Miguel Almaguer reports.