Union of Concerned Scientists’ Post

The pace and magnitude of the physical risks from climate change in all too many places is outpacing the ability of insurance to provide protection. The nation must scale up resources for climate resilience and ensure they are reaching communities in a just and equitable way.

Climate Change Is Driving an Insurance Crisis: Policymakers and Regulators Must Act

Climate Change Is Driving an Insurance Crisis: Policymakers and Regulators Must Act

https://blog.ucsusa.org

Nury Márquez, MBA, CFRE

Uplifting generosity to foster a more humane, healthier, safer and just world. I Philanthropy Ӏ Democracy Ӏ Nature Ӏ Justice I Science

1w

Per Union of Concerned Scientists analysis, “…even as climate-driven disasters leave communities reeling, private insurers are continuing to underwrite insurance for the expansion of massive new fossil fuel projects that are directly responsible for fueling the climate crisis.” Is this not insane? And who pays the bills? You and me through ever increasing premiums.

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