It’s mind boggling that the insurance companies continue to invest in the fossil fuel industry while discontinuing insurance coverage in markets where the effects of climate change are adversely affecting their rate of return. What are they going to do for customers when they’ve completed their destruction of the earth’s ecosystems?
It’s mind boggling that the insurance companies continue to invest in the fossil fuel industry while discontinuing insurance coverage in markets where the effects of climate change are adversely affecting their rate of return. What are they going to do for customers when they’ve completed their destruction of the earth’s ecosystems?
Thanks for the link.
It’s mind boggling that the insurance companies continue to invest in the fossil fuel industry while discontinuing insurance coverage in markets where the effects of climate change are adversely affecting their rate of return. What are they going to do for customers when they’ve completed their destruction of the earth’s ecosystems?
indeed. insurance is the oddest of all businesses. they understand risk, but they can't act on that understanding. https://sojo.net/magazine/august-2023/sorry-climate-change-isn-t-covered-our-policy