The lawmakers are urging these companies to fully consider the environmental, economic, and financial risks of climate change before underwriting fossil fuel projects. We urge you to consider the full impact of your continued support for fossil fuel expansion," wrote the lawmakers. However, these insurers are failing to protect the very communities they operate in by investing in and underwriting climate-destroying fossil fuel projects. Companies like AIG, Chubb, and Liberty Mutual continue to fund fossil fuel expansion projects while cutting services in wildfire-prone areas in California . 6/ Scorecard on Insurance, Fossil Fuels , and Climate Change, Insure Our Future ( November 2021 ) https://insureour-future.com/wp-content/uploads/2021/11/2021-IOF-Scorecard.pdf.

Source: New York Times April 28, 2022 18:36 UTC