Browsing: Fossil Fuels

Four major consumer groups have slammed the insurance industry for continuing to support fossil fuel projects, arguing it exacerbates climate change and leads to higher homeowners insurance premiums.

Hawaiʻi lawmakers have passed a resolution encouraging insurance companies to sue fossil fuel producers to recover costs from natural disasters.

A new report highlights the alarming link between insurance companies’ investments in fossil fuels and the increasing risk homeowners face from climate change-related disasters.

A bill introduced in the Hawaii Senate aims to allow insurance companies to recover costs from entities responsible for climate change impacts affecting insurance rates, potentially setting a precedent in the US.

This critical analysis examines the insurance industry’s role in the climate crisis, particularly concerning the devastating Los Angeles wildfires and the industry’s detrimental practices.