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Climate Change

Climate change’s impact on extreme weather events
Conceptual image of a city hit by extreme heatwave

Michael Mann, Penn’s inaugural Presidential Distinguished Professor in the Department of Earth and Environmental Science and collaborators found that the effects of climate change on the intensity, frequency, and duration of extreme weather events like wildfires, could lead to massive increases in all three.

(Image: iStock/Marc Bruxelle)

Climate change’s impact on extreme weather events

Michael Mann and collaborators investigated the effects of climate change on the intensity, frequency, and duration of extreme weather events like wildfires, and found that “worst-case” scenario could lead to significant increases in all three.
The risky business of homeowners insurance
Homeowners inspect the ruined remains of their property after a fire. Rubble, a chimney, and a rusted truck are all that's left.

State Farm, the largest insurer in California, has stopped writing new home insurance policies in the state, citing “rapidly growing catastrophe exposure.”

(Image: iStock/VladTeodor)

The risky business of homeowners insurance

State Farm, the largest insurer in California, has stopped writing new home insurance policies there, citing “rapidly growing catastrophe exposure.” In a Q&A, Wharton’s Benjamin Keys discusses climate change and its risk to the real estate market.

Kristina García