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Legal & General will divest from AIG and three other companies due to their insufficient actions to address climate change risks.
From updating staff records to running table-top simulations, review the steps policyholders need to take before extreme weather hits.
The insurance industry has long focused on ESG priorities, but climate activists say insurers are doing more harm than good.
Opposition to the Canadian oil sands led to efforts to protect insurers facing pressure to drop coverage of the pipeline.
With a deadline of 2050, the pledge covers both WTW's business operations and discretionary investment portfolio.
The world's second-largest reinsurer recently released new specifics on how it plans to cut its net emissions to zero by 2050.
The announcements come a few weeks after U.S. lawmakers pressed insurance executives not to insure oil and gas developments in the Arctic.
The number of available jobs in the insurance industry is expected to grow 10% by 2028, which is faster than the average for other industries.
Renewable energy becomes key as hurricanes and wildfires increase demand for coverage in this competitive market.
Ruling focused on choice of law in corporatewide insurance policies.
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