Insurance Companies to Disclose Climate Change Risk
March 18, 2009 by Be Safe Insure
Filed under Car - Truck, Earthquake Insurance, Fire Insurance, Flood Insurance, Insurance Regulation, hurricane insurance
US insurance regulating body, National Association of Insurance Commissioners (NAIC), now demands insurance companies to disclose how climate change will affect them. NAIC is aware of the huge risk that environment change entails, however it lacks information of how the insurance industry is planning to respond. Concerns are the availability and affordability of [...]
