Insurance industry required to disclose risks of global warming

Great news from Ceres: Insurance companies must now let their investors know about the financial risks of climate change. As these investors start to realize just how much global warming will cost them, more and more of them will join our call for swift action from Congress.

From Ceres's press release:

Regulators Require Insurers to Disclose Climate Change Risks and Strategies

State Insurance Commissioners Break New Ground By Mandating Climate Disclosure from World’s Largest Industry

SAN DIEGO, CA - The National Association of Insurance Commissioners (NAIC) today approved a groundbreaking mandatory requirement that insurance companies disclose to regulators and investors the financial risks they face from climate change, as well as actions the companies are taking to respond to those risks.

Read more at ceres.org.