Chubb: First U.S. Insurer to Announce New Coal Policy
Written By: Riley Ruff
Big news! Chubb, the largest commercial insurer in the United States, became the first U.S. insurance company to restrict business with coal. They have created a coal policy addressing the company’s insurance coverage and investment in coal companies and projects. One of the most critical, yet overlooked ways to help solve the climate crisis is by targeting insurance companies — they financially aid and support the fossil fuel industry by investing their customers’ premiums into this dying industry.