Climate Risk Carbon Initiative News

California Commissioner Ran a Climate Change ‘Stress Test’ on Insurers

California Insurance Commissioner Dave Jones has run a “stress test” on the state’s largest insurers. Jones said during a press conference on Tuesday that he is the first U.S. financial regulator to conduct a climate-related financial risk stress test and …

California Commissioner Takes Aim at Oil, Coal Producing States

Responding to top government officials in 12 oil and gas producing states that threatened to sue over the state’s climate initiatives, California Insurance Commissioner Dave Jones said: bring it on. In June, Oklahoma Attorney General Mike Hunter sent a letter …

California Commissioner ‘Undeterred’ by Challenges to Climate Disclosure Initiative

California Insurance Commissioner Dave Jones responded to challenges to his calls for insurers to disclose their investments in fossil fuels. Oklahoma’s attorney general has sent a letter to Jones threatening legal action if that state continues with its policy of …

Oklahoma AG Threatens California Commissioner on Insurer Fossil Fuel Rules

Oklahoma’s attorney general has sent a letter to California’s insurance commissioner threatening legal action if that state continues with its policy of requiring insurance companies to publicly disclose investments in fossil fuels. Oklahoma’s Attorney General Mike Hunter maintains that California …

California’s Climate Risk Database Calls Out Insurer Carbon Investments

A new interactive database with extensive information on insurer investments in fossil fuels was unveiled today by California Insurance Commissioner Dave Jones. Jones released the results of his Climate Risk Carbon Initiative, which include information on the amount of oil, …