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Chubb CEO Evan Greenberg receives direct message from activists during US China business event in New York October 15th, 2024 (New York, New York) — Evan Greenberg, CEO of Chubb Insurance, was the main focus for protestors outside of the National Committee on U.S.-China Relations gala event Tuesday evening in Manhattan. Greenberg is the Executive …

Every year, more people across the United States experience climate disasters, forcing them to leave their homes, lose their belongings, and be separated from jobs and family. Meanwhile, home insurance markets are in a mounting crisis–and leaving people across the country behind. Media and policy makers are attuned to this crisis, but most are not …

Banks, and now insurers, drop project plagued with risk from community, cultural, and climate issues. RIO GRANDE, TX, August 6, 2024 — An insurance certificate obtained through a public information act request for Rio Grande LNG no longer lists Chubb as an insurer of the project. The insurance giant dropped the proposed controversial methane gas …

Events and actions will be held from June 24-28 targeting banks, insurers, and supporters of industries polluting gulf communities New York, NY — Community leaders, elders, young people, and families from the U.S. Gulf South will converge on Wall Street to demand that major financial institutions including BlackRock, Bank of America, Citi, Chubb, KKR, Mizuho, …

Cromwell CT – June 20, 2024 – Yesterday, a group of Connecticut climate activists attended the Travelers Championship Golf Tournament Pro Amateur event and handed out golf towels to tournament attendees with the inscription “Dropping Policyholders Is Not a Climate Solution.” More than 100 towels were distributed to the crowd. The New York Times reported …

In Budget Committee Hearing, Senators do a deep dive into the climate crisis’ impact on the insurance industry, finding disturbing systemic impacts that will undermine the system.  WASHINGTON, D.C. – The U.S. Senate Budget Committee on the Budget held a hearing this morning detailing the impacts climate change is having in states across the country. …

Insurance giants AIG, Berkshire Hathaway, Chubb, Fairfax Financial, Markel, The Hartford, and Travelers faced shareholder resolutions, questions from concerned investors and activists, and demonstrations outside of their general meetings. Concerned investors and activists focused their attention on these North American insurers in the past month over insurers’ lack of due diligence with respect to Indigenous …

New criteria falls short of aligning with 1.5°C San Francisco – In a SEC filing of “Additional Proxy Soliciting Materials” Chubb quietly updated its oil, gas, and conservation policies. RAN’s analysis, released ahead of Chubb’s Annual General Meeting Thursday, May 16th, has concluded that while the updates are a small improvement, the loopholes and narrow scope result in policies …

Hartford, CT — Today, Connecticut climate activists returned to the Travelers Annual Shareholder meeting to demand the company take real action on climate change and human rights. Activists from Connecticut Citizen Action Group (CCAG) and Third Act CT circled the Marriott Hotel in Downtown Hartford, while inside, activist shareholders engaged with management on the dangers …

As one of the world’s biggest fossil fuel insurers, insurance giants like Travelers can play a pivotal role in reaching global climate goals. As Travelers prepares for its annual general meeting, it faces a critical moment—yet again—to align its practices with the climate and human rights expectations of today’s workforce and Travelers’ community. Climate-Conscious Students …

Today, as the insurance industry convenes for the first Global Sustainable Insurance Summit in Los Angeles, the 32 campaign groups of the Insure Our Future network have sent a letter to the world’s leading fossil fuel insurers, detailing how they can accelerate the transition to a clean and just energy economy.   Demands in the letter …

The ‘Dirty Dozen’ insurers—that restricted coverage in California citing climate risks—have $113B of investments in and $3.6B of underwriting income from fossil fuels. California homeowners face a potentially staggering economic blow due to climate-related insurance non-renewals. Insure Our Future’s analysis finds homeowners could lose between $9.87-32.1 billion in property value as a result of more …

This fact sheet was developed as a companion piece to Analysis: California Homeowners Face Billions in Property Loss from Climate-Related Insurance Non-Renewals. Page 1: Page 2:

Innovative approach by lawmakers in the ‘insurance capital’ has national significance as soaring insurance premiums driven by extreme weather strain household budgets countrywide HARTFORD, CT – Today, the Connecticut General Assembly Environment Committee voted to approve the Governor’s Climate Resiliency bill (SB11) with an amendment that advances a climate resiliency fund to support communities in …

Originally posted on Consumer Federation of America.  Washington, D.C.—A new report by Consumer Federation of America (CFA) reveals that over six million homeowners lack homeowners insurance, leaving them dangerously unprotected from natural disasters and other significant damage that might happen to their homes. The report estimates that 7.4% of all homeowners in the country are uninsured, accounting …

This week has been an incredible global week of action for the Insure Our Future campaign, with thousands of people taking part in over 100 actions across 31 countries in 5 continents, including over 100,000 people taking action online. In-person actions include protests in Japan, South Korea, Nigeria, Uganda, Indonesia, UK, USA, Philippines, Pakistan, Tanzania, …

The insurance industry holds the key to a safer, prosperous future if they act now. Over 100 roups in over 27 countries across 5 continents are holding over 80 demonstrations, marches, direct actions and events this week with a clear message: Insure Our Future, not fossil fuels. The insurance industry is uniquely positioned to drive …

At least 35 different insurance companies are responsible for underwriting liquified methane export terminal projects across the U.S Gulf South, according to a report by Rainforest Action Network and Public Citizen. The analysis, based on documents obtained through open record requests, details the insurance coverage for existing and projected methane gas infrastructure that, if built, will export the …

Report with FOIA information reveals which insurers are part of the biggest fossil fuel buildout of this generation Houston, Texas –  At least 35 different insurance companies are responsible for underwriting liquified methane export terminal projects across the U.S Gulf South, according to a report released today by Rainforest Action Network and Public Citizen. The …

Over 100 frontline and climate groups have written to the biggest banks, insurance companies and private equity backing liquefied methane gas (LNG), demanding they follow the dramatic change in US policy on the sector and to end their financial support. The organizations, including Texas Campaign for the Environment, Sierra Club, Rainforest Action Network and Friends …

Chubb, Liberty Mutual, Sompo revealed as insurers on Rio Grande Valley Methane Projects (Brownsville, Texas) A recent Freedom of Information Act request revealed that Chubb, Liberty Mutual, and Sompo are the insurers behind the Rio Grande LNG project, a proposed methane gas export terminal on the Texas Gulf Coast that would annually emit the equivalent to 44 …

In response to the COP28 agreement to transition away from fossil fuels, Mary Sweeters, Senior Strategist with Insure Our Future, said: “The agreement from nearly 200 countries at COP28 calling for a transition away from fossil fuels affirms what scientists have been saying for years: to avoid the worst impacts of climate change, we cannot …

Fifty years after the insurance industry first warned about the impact of climate change, it is continuing to fuel the climate emergency. Today, the international Insure Our Future coalition launched its seventh annual insurance scorecard, analyzing 30 leading global insurers on their fossil fuel and climate policies. It finds insurers are not doing nearly enough. So much …

Fifty years after the industry first warned about the growing risks of climate change it continues to provide insurance that allows new fossil fuel projects to go ahead. Insurers are abandoning customers affected by climate risks, yet most continue to fuel the climate emergency by providing cover for increased oil and gas production. Read the …

This factsheet compares Chubb’s new climate commitments against science-based recommendations and global peer insurers’ climate policies. Background: In March, the world’s leading climate science body IPCC issued a “final warning” to scale up rapid action to get on a 1.5 ̊C pathway, by stopping fossil fuel expansion. The same month, Chubb announced new policies stating …

This past week, Chubb, The Hartford, and Travelers released proxy statements urging shareholders to vote against the climate and human rights resolutions on the ballot at their annual general meetings in May. These insurers are facing a growing challenge from investor advocates to curb fossil fuel underwriting, reduce emissions, and respect Indigenous rights, and, in …

Rainforest Action Network’s Assessment of Chubb’s Climate Commitments On March 22, 2023, Chubb announced a new suite of policies to restrict underwriting oil and gas extraction based on conservation and methane emissions criteria. Chubb will not insure oil and gas extraction projects that are located in specific protected areas or do not have evidence-based plans …

But Chubb proxy will include resolutions on emissions reductions and human rights reporting March 29, 2023 (Washington, D.C.) – Yesterday afternoon, the U.S. Securities and Exchange Commission (SEC) shared that it had rejected a shareholder resolution filed at Chubb calling on the insurer to adopt a time-bound phase out of underwriting new coal, oil, and …

Every year, the Insure Our Future network publishes an open letter to the CEOs of 30 major insurance companies whose fossil fuel policies are ranked annually by Insure Our Future, among which are: AIG, Allianz, AXA, Chubb, Generali, Liberty Mutual, Lloyd’s of London, Munich Re, SCOR, Sinosure, SOMPO, Tokio Marine and Zurich. The letter outlines …

Insurance Giant Adopts Policy on Conservation Areas and Methane Emissions March 22, 2023 – Today, Chubb (NYSE: CB) announced a new suite of policies to restrict underwriting oil and gas extraction based on conservation and emissions criteria. According to its press release, Chubb will not insure oil and gas extraction projects that are located in specific …

Climate Votes has published an investors’ brief highlighting the insurance sector’s high exposure to climate-related risks and identifying actionable opportunities that investors can take this AGM season to encourage mitigating these risks. Shareholders are increasingly concerned about the climate and human rights risks facing property and casualty insurance companies that underwrite energy projects and companies. …

Following an unprecedented investor challenge for climate action at the largest U.S. fossil fuel insurers last year, Chubb is again facing two resolutions from shareholders addressing the insurance giant’s fossil fuel business and overall carbon footprint. And like last year, Chubb has issued no-action requests with the SEC in an attempt to silence shareholders’ climate …

Today, Green Century Capital Management announced that it filed shareholder resolutions with Chubb, The Hartford, and Travelers, calling on the companies to phase out underwriting of new fossil fuel projects. Members of the Insure Our Future coalition responded: *** Insure Our Future U.S. is a campaign of environmental, consumer protection, and grassroots organizations holding the …

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 …

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. …

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 …