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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 …

As members of the business community, we the undersigned, are deeply concerned by the economic, social, and environmental impacts of climate change and we recognize the grave consequences of allowing a global temperature increase to surpass 1.5°C. This includes a projection by the US government that, unabated, global warming will shrink the US economy by …

Today, 140 organizations representing 24 million people sent a letter to insurers of the Trans Mountain pipeline.

“Insurers have a responsibility to support international climate targets and align their businesses with the Paris Agreement,” said the letter, signed by 18 international NGOs including 350.org, Greenpeace, and Oil Change International. “As governments plan the recovery from the COVID-19 crisis insurers need to champion the transition to a sustainable, fair, and resilient future as underwriters, investors, and corporate citizens.”

Amidst ongoing wildfires and massive insurance rate hikes and policy non-renewals across California, 44 groups, businesses, and elected representatives released a letter to the three biggest fire insurers in California to stop fueling the climate crisis, which is creating the conditions for longer wildfire seasons and more destructive fires.

New campaign Insure Our Future to hold US insurers accountable for role in climate change as first US insurance company to commit not to invest in fossil fuels
SAN FRANCISCO – On the eve of the Global Climate Action Summit (GCAS), a new campaign, Insure Our Future, is calling out the U.S. insurance industry as a major contributor to climate change and urging them to ditch fossil fuels. Insure Our Future is the first campaign focusing on the U.S. insurance industry’s significant role in perpetuating climate chaos.
The campaign launches as Lemonade, an insurance company powered by AI, becomes the first U.S. insurer to commit to never invest in fossil fuels, urging other insurers to follow suit.