The White House says President Donald Trump has no plans to fire the insurance industry’s top lobbyist.In a statement released Friday, White House press secretary Sarah Huckabee Sanders said Trump “will continue to rely on the hard-working people of the insurance and health care industries to fight for the American people.”“The president and I share […]Read More
Insurers have long been at the forefront of climate change.And the issue has become more prominent as the U.S. economy has been struggling with the effects of climate-related storms.But it was the federal government’s efforts to increase the cost of CO2-emitting pollution that pushed insurance companies to begin paying for climate-change costs, and eventually, the […]Read More
Why the insurers hate climate, and why climate change isn’t the only thing they hate.Climate change is a threat to all of us.It is a danger to the environment, and to our planet.It affects our health, our livelihoods and our economy.Climate-change deniers are denying that climate change is real.They say climate change has nothing to […]Read More
Insurance brokers have been known to charge outrageous prices.They have been called “insiders” in the insurance industry.This is because they know how much you are likely to pay, how much your health care will cost and how much money you will be able to make in a few years.Brokers can also charge you an upfront […]Read More
The Insurance and Insurer Businesses Association says it is leaving the Paris climate accord, citing its concerns over the economic impact and the risk of the agreement’s implementation.The American Insurance Association (AIA) released a statement Monday, saying it believes the United States is “at a critical juncture in its energy transition” and the Paris agreement […]Read More
The US insurance industry is in turmoil, with a new climate change study finding the industry is “at a crossroads”.
Insurance industry analysts have forecast a major fall in the insurance market as global demand for affordable health insurance declines, as a result of rising temperatures, rising CO2 emissions and the impact of CO2-driven storms and floods.The report by the Institute for Health Policy and Research (IHPR) warns that the industry has “taken a huge […]Read More
Health insurers have been making billions in profits from the climate change that is pushing extreme weather across the country, a new study shows.The findings come amid the fallout from a devastating wildfire that killed more than 600 people and destroyed hundreds of thousands of homes in Colorado and Nevada earlier this year.The National Association […]Read More