Major World Economies Seek to Halt New Private Sector Coal Financing June 11, 2024 By Kate Abnett and Simon Jessop Some of the world’s major economies want to finalize a plan ahead of this year’s U.N. climate summit to halt...
Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report November 9, 2023 By Gautam Naik Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by...
European Insurers Underwrite 30% of US Coal: Study September 28, 2023 By Gautam Naik and Alastair Marsh Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the...
Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers August 31, 2023 By Clara Denina and Sarah McFarlane Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they...
Should a State Surcharge Insurers That Underwrite Fossil Fuel Risks? March 7, 2023 By Andrew G. Simpson Connecticut lawmakers are considering imposing a surcharge on insurers’ premiums from the fossil fuel industry. The proposal (SB-1115) calls for...