Insure Our Future News

Activist Group Scorecard: Insurers Adopting Policies on Oil and Gas Slowed in 2023

The number of insurers adopting policies on oil and gas has slowed, according to climate activist organization Insure Our Future’s seventh annual “Scorecard on Insurance, Fossil Fuels and the Climate Emergency” released this week. The scorecard assesses the policies on …

US Climate Report Shows Rising Temps, Greenhouse Gas Emissions Headed Down

A new national climate report that shows temperatures rapidly rising, but it also has some good news for the U.S. The Fifth National Climate Assessment, which analyzes the impacts of climate and global change in the U.S., shows that global …

Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report

Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by climate change, according to a new report. About 80% of the insurance market and 53% of the reinsurance market don’t …

European Insurers Underwrite 30% of US Coal: Study

Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the US, even after pledging to target net zero emissions, according to a report by climate campaign group Insure Our Future. …

Activist Group Calling for Immediate Halt to Insuring Fossil Fuels

A letter to the world’s insurance companies from a climate activist group calls on the industry to immediately stop insuring companies and projects that promote the expansion of coal, oil and gas, and phase out all insurance services for fossil …

Climate Activists Tell Insurance CEOs to Stop Covering Carbon Projects ‘Immediately’

A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects in the wake of a stark climate warning from U.N. scientists, a letter seen by Reuters showed. Insure our Future, …

Climate Concern Dropped Amid the Pandemic, but Not for Everyone

Evidently, climate concern dropped last year. A new Gallup World Risk Poll shows fewer than half of those questioned said climate change poses a “very serious threat” to their nations in the next 20 years. It was down overall, but …

Insurers Increasingly Withdraw From Fossil Fuel Projects: Climate Activists’ Report

Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change โ€“ to cheers from environmental campaigners. More than a dozen groups that track what policies insurers …

Reports from U.S.-based Group Will Examine Impacts of Climate Change on Terrorism

A new global partnership with the National Consortium for the Study of Terrorism and Responses to Terrorism will focus on the impact of climate change on terrorism. START, which is based at the University of Maryland, with the cooperation of …

Insurers Need to Accelerate Exit From Oil & Gas Industry to Meet Climate Goals: Report

For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts to exit the oil and gas industry. To date, just one insurer has promised to take “significant action” in this …