climate litigation News

Time-Tested Loss Reserving Methods Challenged: AM Best

Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, the rating agency said in a new report. As companies “finished reporting their …

Climate Verdict for Swiss Women a Warning for European States, Oil Industry

Governments and companies that are lax on climate action should be worried since this week’s European human rights court ruling against the Swiss government improves the odds that other such cases could win at the top court, legal experts said. …

Takeaways From the Swiss Women’s Climate Victory

The European Court of Human Rights ruled in favor of more than 2,000 Swiss women on Tuesday, affirming their argument that the Swiss government violated their human rights by failing to take sufficient action on climate change. Here are some …

Swiss Women Win Big in Landmark Climate Case. Where Do US Climate Cases Stand?

A landmark climate change ruling from the European Court of Human Rights on Tuesday found that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change, in a case brought …

Update: Swiss Women Win Landmark Climate Victory at Human Rights Court

Europe’s top human rights court ruled on Tuesday that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change, in a decision that will set a precedent for future climate …

How Three European Human Rights Cases Could Shape Climate Litigation

Does government inaction on climate change violate human rights? That is the question the European Court of Human Rights will for the first time seek to answer in Strasbourg, France, as it rules this week on three separate climate cases. …

Climate Activists, Companies Lawyer Up for Courtroom Battles

As global temperatures and emissions climb, people are increasingly turning to courtrooms to challenge fossil fuel companies’ activities, leading to wins on issues like “climate-washing” but also backlash as companies file countersuits. In the last five years, the number of …

Mercenary Hackers Stole Data Exxon Cited in Climate Lawsuits: US Prosecutors

U.S. prosecutors say an Israeli private investigator used hackers to steal emails from climate activists who were campaigning against American energy giant Exxon Mobil Corp. In a sentencing memo filed on Thursday, U.S. Attorney Damian Williams, for the Southern District …

‘Climate Washing’ Lawsuits Jump as More Activists Challenge Corporate Claims: Report

“Climate washing” litigation has risen sharply in the last two years as environmental groups and governments grow frustrated with corporate claims about their contribution to tackling climate change, a report published on Thursday showed. The report, compiled by London’s Grantham …

World’s ‘Carbon Majors’ Face Biggest Share Price Hit From Climate Litigation: Study

The world’s ‘carbon majors’ in the energy, utilities and mining sectors face the biggest share price hit when climate-related lawsuits are filed against them and need to consider it a financial risk, a study on Tuesday showed. The paper by …