NU Online News Service, Dec. 9, 12:53 p.m. EST
SAN FRANCISCO–A key insurance regulator said insurers will be pursued for climate risk data by the National Association of Insurance Commissioners even if their state of domicile doesn't ask for it.
In a surprise to insurance representatives, Pennsylvania Insurance Commissioner Joel Ario, who heads the NAIC's Climate Change and Global Warming Task Force, said if an individual state chooses not to administer the NAIC Climate Risk Disclosure Survey to insurers, regulators will solicit the information from one of their subsidiary companies domiciled in another state.
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