Whether it's the economy, health care reform or steroid scandals, there are many controversies grabbing attention these days. However, one likely to have a stronger and longer-lasting impact on the insurance industry is climate change.
Indeed, a storm may be brewing for all insurance professionals when it comes to carbon emissions. How we handle this issue today might ultimately influence our industry's capacity over the next decade.
Insurance professionals can avoid or minimize potential disruptions within their own companies by "underwriting green" as governments and courts wrestle with climate change effects.
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