✉news EnvironmentClimate first seen 1 d ago, last 18 h ago, peak #6
Insurance insiders warn industry won't shield society from climate change
Original: Insurance insiders speak out: The industry will not protect society from climate change
Insurance industry insiders are speaking out publicly to warn that the sector cannot and will not protect society from the impacts of climate change. The claim, highlighted by the advocacy group Americans for Financial Reform, suggests insurers are retreating from climate-related risk rather than absorbing it, raising concerns about who will cover mounting losses as extreme weather intensifies.
Why now: Rising climate disasters and insurers pulling out of high-risk markets have made the industry's limits a pressing public concern.
Americans for Financial Reforminsurance industry
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- Insurance insiders speak out: The industry will not protect society from climate change · Americans for Financial Reform
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