Friday, December 02, 2005
Insurers urged to assess climate change risks
--State treasurers and controllers from around the country urged major insurance companies Thursday to analyze and disclose their financial risk from climate change, warning that higher rates and loss of coverage are inevitable.
The officials, who oversee more than $800 billion in investments in the companies, said they are worried about escalating losses from hurricanes and other extreme weather. They say few insurers have examined the risks they face from climate change.
Insurers urged to assess climate change risks
Source: Boston.com
The officials, who oversee more than $800 billion in investments in the companies, said they are worried about escalating losses from hurricanes and other extreme weather. They say few insurers have examined the risks they face from climate change.
Insurers urged to assess climate change risks
Source: Boston.com
Permalink posted by armandn @ 11:43 AM 
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