Seton Hall Students joined by local activists to urge Chubb Insurance to act to protect the Arctic Refuge

New York City – On Thursday December 1st, Seton Hall Students joined local activists in New York City to support efforts to defend the Arctic National Wildlife Refuge from drilling. Organizers delivered almost 70,000 petition signatures urging the CEO of Chubb Insurance, Evan Greenberg, to join other insurance companies across the globe in committing to …

Indigenous leaders joined by local activists to urge Travelers Insurance to act to protect the Arctic Refuge

Hartford, CT – On Thursday November 10, 2022, Gwich’in and Indigenous leaders and local activists gathered in downtown Hartford to support efforts to defend the Arctic National Wildlife Refuge from drilling. Organizers delivered more than 64,000 petition signatures urging the CEO of Travelers Insurance, Alan Schnitzer, to join other insurance companies across the globe in …

Activists Build Oil Derrick Outside Chubb CEO’s Home, Spotlighting the Insurer’s Role in Fossil Fuel Expansion

Pop-up action in New York City exposes Evan Greenberg’s climate hypocrisy Photos of the action can be found here. October 27, 2022 (NYC, USA) –  This morning, climate activists built a two-story mock oil derrick outside the NYC home of Chubb CEO Evan Greenberg to spotlight the insurance giant’s destructive climate and human rights record. …

This CEO Could Thwart Global Fossil Fuel Expansion Plans

Evan Greenberg may not be a household name, but he should be, as CEO of the world’s largest publicly-traded property and casualty insurer: Chubb. Chubb provides insurance coverage for everything from individual homes to multinational corporations, and according to our research, is a top backer of oil and gas projects around the world, including offshore …

Small climate steps by U.S. insurers lag behind leaps by global competitors on oil and gas, with new coal increasingly uninsurable

13 global insurers have restricted support for oil and gas expansion, increasing pressure on U.S. insurers to follow suit 18 October 2022 – This year steps by U.S. insurers look out of touch with the escalating pace of climate impacts. Global insurance company restrictions on oil and gas are finally starting to catch up with …

A Race to the Middle: North American Insurers Lag Behind European Progress on Oil and Gas

As the global insurance industry’s move away from oil and gas picks up momentum this year, the largest North American fossil fuel insurers – even those who have made significant strides, by North American industry standards—lag behind. Some Bermudan insurers are stepping up to fill the leadership void across North America. This brief delves into …

AXIS Capital Becomes First North American Insurer to Adopt Policy on Free, Prior and Informed Consent

Landmark win for Indigenous rights sets a standard for other global insurers to follow October 13, 2022 (Bermuda) – AXIS Capital recently became the first insurer in North America to adopt a policy stipulating that it will not underwrite new projects without Free, Prior and Informed Consent (FPIC) of impacted Indigenous communities in accordance with …

A Global Movement is Demanding that Liberty Mutual Drop Trans Mountain

Around the globe, Liberty Mutual is facing calls to rule out insurance coverage for the Trans Mountain tar sands oil pipeline expansion (TMX) in Canada. In advance of Trans Mountain’s insurance policy expiring on August 31, 2022, Indigenous Peoples, communities, and climate activists came together to demand that #LibertyDropTMX and exit the tar sands sector …

Rusty oil pump centered in image

Fidelis becomes first North American insurer to restrict support for the oil and gas industry

Bermudan insurer extends the scope of existing coal policy to all fossil fuels September 30, 2022 (Bermuda) – Setting a precedent for the North American insurance industry, Fidelis has announced a suite of ambitious climate policies that restrict underwriting for oil and gas activities, including fracking, Arctic oil and gas, and tar sands, as well …

Brief: Fossil Fuel Insurers Invest Billions in Climate Chaos

American International Group (AIG), Berkshire Hathaway, Travelers, and Chubb are among the ten insurers that collectively invested over $59.7 billion in fossil fuels in 2019, finds an analysis released today by Insure Our Future, Public Citizen, and Rainforest Action Network.  The brief analyzed 2019 data released in April 2022 by the California Department of Insurance …

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