Consumer alerts

Tell insurance CEOs: Stop insuring climate risks

Geralt |

Dear Chubb, The Hartford, and Travelers,

Investors whose portfolios include stocks in your companies could suffer meaningful losses due to climate risks fueled by your insurance coverage of new oil and gas supplies.

By insuring the expansion of fossil fuel projects, you are increasing the likelihood of insured losses from climate change-related natural disasters, which in turn puts your shareholders’ retirement savings and other investments at risk of losses too.

I urge you to protect investors from undue risk and stop insuring new fossil fuel supplies.



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