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Articles on Insurance

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Households in rural and regional areas are more likely to be insured than those in cities, possibly because rural residents are more attuned to environmental conditions and the risks to property. Tasmania Police/AAP

Insurance is unaffordable for some, but it’s middle Australia that is underinsured

The differences between owners and the growing number of renters, and between rural and urban areas, point to explanations other than affordability for the one-in-two Australians who are underinsured.
Do people need insurance against hacking? ra2studio/Shutterstock.com

As digital threats grow, will cyber insurance take off?

As cyberattacks and hacking become more common, businesses and private individuals are realizing that cleaning up from digital destruction can be expensive.
Industry representatives wear fitness trackers at the International Consumer Electronics Show in January 2014 in Las Vegas. Health and fitness information is being increasingly shared with insurance companies. (AP Photo/Julie Jacobson)

Why life insurance companies want your Fitbit data

Insurer John Hancock now requires customers to use activity trackers for life insurance policies. Here’s how that will put life insurance and even mortgages out of reach for many people.
A woman gets back into her flooded car on the Toronto Indy course on Lakeshore Boulevard in Toronto on July 8, 2013. Housing developers are building housing on known flood plains in cities around the world. THE CANADIAN PRESS/Frank Gunn

Building housing on flood plains another sign of growing inequality

Cities around the world, including Toronto, are building housing on flood plains knowing the risks in the era of climate change. Here’s why that will contribute to growing inequality in our cities.
Crop insurance is designed to help farmers weather disasters such as Hurricane Irma, which devastated many Florida citrus farms in 2017. AP Photo/Tamara Lush

Crop insurance is good for farmers, but not always for the environment

Crop insurance cushions farmers against natural disasters, but it also can lead them to overuse resources and reduce their incentive to adapt to climate change.
People take shelter during the floods in Mozambique. Antonio Silva/EPA

More people in Africa need to be insured against natural disasters

While disaster insurance would go a long way in averting losses, demand for cover is still lower than expected.

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