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Report: Most insurers not prepared for climate change http://apocadocs.com/s.pl?1364596281
Most insurance companies do not have comprehensive strategies to cope with climate change despite mounting weather-related claims, says a report to be released Thursday.
Of 184 companies surveyed, only 23 had such strategies, and 13 of those that did were foreign-owned, according to report by Ceres, a Boston-based non-profit that promotes eco-minded business practices. The report says the most prepared tend to be the largest companies with scientists on staff and those that insure property rather than life or health.
Many companies "won't talk about climate change" and if they do, they use "hedged" language to avoid the controversial issue of whether it's man-made, says author Sharlene Leurig, senior manager of Ceres' insurance program. She says the issue is less politically divisive in Europe, where insurers are often better prepared.
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[Read more stories about:
anthropogenic change, corporate malfeasance, stupid humans, deniers]
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'Doc Michael says:
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Could be our weird weather these days might or might not have not a little something to do with stuff we might or might not be doing.
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