The insurance industry has long recognized the economic dangers posed by climate change. In 2008, the National Association of Insurance Commissioners (NAIC) said, “New climatic conditions will give rise to new types of losses, and these will need to be understood by both insurers and their policyholders.”

The climate-related problems the NAIC cited include additional exposure to mold due to warmer temperatures and more moisture;... [892 word article, May 2010]