The National Association of Mutual Insurance Companies announced it will host a two-day summit in March on climate issues and their effect on property-casualty insurers.

David Reddick, NAMIC director of public policy and research, said the organization hopes the conference will provide a comprehensive forum for exchange of information on the broader aspects of climate change and how they will affect insurers.

The event will be held March 3-4 at the Sofitel Chicago Water Tower Hotel in Chicago, said Indianapolis-based NAMIC.

Topics that will be discussed include the incoming Obama administration's stance on climate issues as well as the controversial initiative before the National Association of Insurance Commissioners to require insurers to provide a variety of information related to climate risk.

Other sessions being planned will discuss the implementation of successful climate models as well as the legal implications of climate change on the industry.

Speakers scheduled for the event include Kathy Bardswick, president and chief executive officer of Guelph Ontario-based Co-operators Group Ltd.

Ms. Bardswick is due to describe how her company strives to balance social, economic and environmental priorities. Other speakers listed are Wisconsin Insurance Commissioner Sean Dilweg, chair of NAIC's Climate Change and Global Warming Task Force.

Representatives are also expected from Aon Corp., Ceres, Deloitte, Travelers, and Zurich Financial Services, NAMIC said.

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