Homeowners Pay Price for Insurance Industry’s Reluctance to Address Climate Change, Consumer Groups Say

Major company makes transformative move to stormproof homes in vulnerable communities: 'A more ... equitable future'

Carrier Global Corporation is all-in on Habitat for Humanity's mission to ensure every family has a home, expanding its commitment to the nonprofit to build energy-efficient, climate-resilient housing after natural disasters caused billions of dollars in damages in 2024 — and left millions of people to pick up the pieces. What's happening? On May 15, Carrier Global announced plans to continue investing in its long-standing relationship with Habi…

Homeowners pay price for insurance industry’s reluctance to address climate change, consumer groups say

The insurance industry's continued embrace of fossil fuel projects is worsening climate change, which ultimately hits consumers in the form of higher premiums for homeowners insurance, consumer groups said Wednesday.The four organizations — U.S. PIRG, Consumer Federation of America, Americans for Financial Reform and Public Citizen — blasted the insurance industry on the same day lobbyists for the American Property Casualty Insurance Association…

More States Push to Make Big Oil Pay for Climate Change

Following New York And Vermont, 11 More States Have Introduced Climate Superfund Bills This Year As climate disasters strain state budgets, a growing number of lawmakers want fossil fuel companies to pay for damages caused by their greenhouse gas emissions. Last May, Vermont became the first state to pass a climate Superfund law. The concept is modeled after the 1980 federal Superfund law, which holds companies responsible for the costs of clean…

State-level 'climate Superfund' bills are spreading fast in the U.S.

As climate disasters strain state budgets, a growing number of lawmakers want fossil fuel companies to pay for damages caused by their greenhouse gas emissions. Last May, Vermont became the first state to pass a climate Superfund law. The concept is modeled after the 1980 federal Superfund law, which holds companies responsible for the costs of cleaning up their hazardous waste spills. The state-level climate version requires major oil and gas c…

The market for the controversial change of ownership insurance has been the subject of heated debate in recent years. Criticism of the current change of ownership insurance has been simply fierce. Especially at the Insurance Appeals Board. As recently as December, when the industry organization F&P, the Danish Real Estate Association, housing lawyers and the Consumer Council Think Together went to Finans.dk and declared their common frustration …

Homeowners pay price for insurance industry’s reluctance to address climate change, consumer groups say – Usa news

The insurance industry’s continued embrace of fossil fuel projects is worsening climate change, which ultimately hits consumers in the form of higher premiums for homeowners insurance, consumer groups said Wednesday. The four organizations — U.S. PIRG, Consumer Federation of America, Americans for Financial Reform and Public Citizen — blasted the insurance industry on the same day lobbyists for the American Property Casualty Insurance Associatio…