‘Out of sight, out of mind’: UI study reveals bias in insurers’ climate change risk strategies

A new study by a University of Iowa researcher has found that, when it comes to climate change risk management strategies, insurance companies gravitate toward an “out of sight, out of mind” approach.

In his study “Insurers’ climate change risk management quality and natural disasters,” Tippie College of Business associate professor of finance and co-author Thomas Berry-Stoelzle found that insurance companies are more likely to strengthen their…