Film Screening Connects Protection of the Arctic with Connecticut Insurance Company Decisions on Support for Drilling
Hartford, CT – The Arctic Refuge Defense Campaign, CCAG and Sierra Club are hosting a film screening and discussion of The Arctic: Our Last Great Wilderness this Thursday, July 28th at 6:30pm at the Connecticut Science Center in Hartford. The 19.6 million acres of the Arctic National Wildlife Refuge are full of life and history. …
Arch Becomes Eighteenth Insurer to Sever Ties with the Trans Mountain Tar Sands Pipeline
Number of insurers ruling out Trans Mountain continues to grow, following a year of climate impacts along the pipeline route and continued pressure from activists. London, UK (May 3, 2022) – Trans Mountain insurer and Lloyd’s of London syndicate Arch Insurance has committed to no longer insure the Trans Mountain tar sands pipeline after its …
Street Mural outside RIMS Demands Insurance Industry Stop Fueling Climate Crisis
Photographs available here San Francisco (April 11, 2022) – A coalition of Indigenous, environmental justice, and climate organizations painted a giant mural outside the RIMS 2022 RISKWORLD Opening Ceremony with a clear message to the insurance industry: “Don’t Risk Our World.” The mural depicted a globe surrounded by creatures native to California and Alaska, as well …
AIG’s New Climate Commitments a Major Step Forward for Insurance Industry’s Transition Away from Fossil Fuels
Insurance Giant Rules Out Support for New Coal, Tar Sands, and Arctic Energy Exploration Projects and Commits to Net Zero Emissions by 2050 for Underwriting and Investments WASHINGTON, D.C. – American International Group Inc. (NYSE: AIG) today announced major new company-wide climate commitments, including commitments to no longer provide underwriting and investments in the construction …
Climate Laggard Travelers Adopts Coal & Tar Sands Policy
Policy demonstrates major movement among U.S. insurers on coal and early movement on tar sands; Travelers is 6th North American company to restrict underwriting for coal and 3rd for tar sands HARTFORD, CT (February 7, 2022)—Insurance giant Travelers adopted a policy committing to not underwrite new coal-fired power plants. It also committed not to underwrite …
The Hartford Speeds Up Tar Sands Divestment, but Continues to Insure Fossil Fuel Expansion
The Hartford, one of the world’s largest oil and gas insurers, announced that it is speeding up its timeline for divesting from the tar sands oil sector, but did not commit to any other needed measures on fossil fuel expansion.
NEW REPORT: U.S. Insurance Companies Undermine Climate Targets by Supporting Oil & Gas Expansion and Providing a Last Lifeline to Coal
The U.S. insurance industry is undermining efforts to meet climate targets by continuing to support new oil and gas production, the Insure Our Future campaign reveals today in its fifth annual scorecard on insurers’ climate policies.
15-foot inflatable of Chubb CEO Evan Greenberg Erected at US Tennis Open
[photo credit George de Castro-Day] A 15-foot tall inflatable of Chubb CEO Evan Greenberg wreathed in flames appeared outside the US Tennis Open in Flushing Meadows, Queens. Citizen groups had a clear message for the US Open sponsor’s CEO: stop destroying the planet.
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