The Federal Deposit Insurance Corporation and the Federal Reserve Board withdrawn their interagency principles for climate-related financial risk management for large financial institutions. This policy was issued jointly in October 2023 as part of the Biden...
Connecticut has become the first state to offer a free online tool that enables residents and businesses to assess their property’s risk from flooding, wildfires, and other weather-related catastrophes. The new tool, created in partnership by the Connecticut Insurance...
A new data analysis by Zillow (NASDAQ: Z, ZG) has determined the risks posed by flood, fire and extreme wind could cost the US house trillions of dollars in damage. Zillow stated that homes with major wind risk are worth at least $17 trillion in total, equivalent to...
Zillow (NASDAQ: Z, ZG) is rolling out climate risk data provided by First Street on its listings for US properties for sale. According to the Seattle-headquartered company, home shoppers will have new information on five key risks – flood, wildfire, wind, heat and air...
Realtor.com has added three new climate risk factor scores to its website that address heat, wind and air quality concerns within the home buying and selling process. The new scores, which use data provided by the climate technology company First Street, include Heat...