Fossil Fuels Are an Insurance Disaster

Fossil fuels are an insurance disaster

Heatwaves, mold, and plastic pollution pose new risks to businesses and insurance companies, a new report by reinsurer Swiss Re warns. What do these things have in common? Fossil fuels make matters worse.  They release the greenhouse gases warming our planet and are the primary ingredients for plastics, of course. Swiss Re’s annual report flags new or changing risks that “could have a major impact on society and industry.” The damage that heat, …

Presentation: Climate Change is Fueling the Insurance Crisis. Who Should Pay?

As climate disasters intensify, insurers are raising premiums, reducing coverage, and pulling out of high-risk areas, leaving homeowners and communities financially vulnerable. How can officials protect the public and make those responsible bear the risk and rising costs? California is the epicenter of a growing debate about whether and how officials can hold the major oil and gas companies that are fueling the crisis accountable. Attendees will…