Insure Our Future U.S.

Insure Our Future U.S. is moving to our global account @InsureOurFuture-Global on March 25th! Follow us there to stay up-to-date on our campaign to hold the insurance industry accountable for its role in the climate crisis. But don’t worry, we won’t be deleting this account. This account will be transitioning to an important and related new campaign. Stay tuned for an exciting announcement on March 25th! ?? Follow #InsureOurFuture here: https://lnkd.in/exUZi4tW

Cameron, Louisiana used to be the shrimping capital of the world, with fisherfolk supporting their families and communities from the bountiful waters for generations. But ever since methane gas (aka liquefied “natural” or LNG) export terminals like Calcasieu Pass LNG and Cameron LNG began operating in the area, the waters — and their nets — come up empty. For years, impacted communities across Louisiana have been fighting against the reckless buildout of these facilities, organizing to stop the threat they pose to their livelihoods, health, and heritage. Now, they’re taking on another sector that’s sinking their way of life: insurance. Specifically, major U.S. insurer Chubb. Read more in Rainforest Action Network's latest blog: https://brnw.ch/21wQFXq

Louisiana-based organizer Roishetta Ozane said she worries Trump’s actions could worsen pollution where she lives. For years, she and other activists in the Gulf South have fought to stop the development of new liquified natural gas export terminals, which could contribute to air pollution in the already industry-saturated area. Ozane said that during the Biden administration, frontline advocates had achieved big wins, including stricter federal limits on particle pollution and the administration’s pause on LNG export projects. But Trump lifted the freeze on Tuesday, signaling that developments activists have been fighting against could move forward. “President Trump’s decisions will set us back several years … but I don’t want people to lose hope,” Ozane said. “It’s like I tell my children, you can’t back down to a bully.” https://lnkd.in/gkxqH_DT

?? #InsureOurFuture's Risalat Khan provides vital analysis of the #CaliforniaWildfires. From the role that climate change played in enhancing the impact of these fires, and the surpassing of climate and economic tipping, to the much needed community centred solutions to move forward, read in full here: https://brnw.ch/21wQFUw

Complete & utter insanity. While paying out billions in climate-related claims & abandoning homeowners in fire-prone areas, insurance companies continue to invest hundreds of billions in fossil fuel companies and underwrite new oil & gas drilling which is accelerating said climate change.

?? Public Citizen and dozens of consumer protection, community development, environmental, climate, and racial justice advocates have joined together to form the Equitable & Just Insurance Initiative, a coalition that aims to develop solutions that can guide community leaders and policy advocates working to address the climate-driven insurance crisis. Targeting the hypocrisy of skyrocketing premiums whilst coverage is being cut for communities across the U.S., the initiative seeks to push policymakers to put people over profit, and hold insurers accountable for their fossil fuel underwriting and investments. Hear Dan Wagner, Public Citizen's Research Director, speaking on a recent panel and click the link to find out more about the Equitable & Just Insurance Initiative. #InsureOurFuture #Insurance #ClimateCrisis https://lnkd.in/dq5APv9n

Why are US insurance companies allowed to insure and invest $536 Billion in the very fossil fuel industry whose emissions are driving the extreme weather events which in turn are causing insurers to stop insuring? Listen to my @AliVelshi MSNBC interview here https://lnkd.in/gKhh5y5f #climatecrisis #climatechange #insurance #transition

North America reckons once again with the for profit healthcare system and the insurance crisis has reached a boiling crisis point. Insurers around the world are also doubling down on backing oil and gas instead of addressing climate change that are destroying homes, displacing communities, and destroying livelihoods. Work in insurance? read how your workplace stacks up- https://lnkd.in/grNxarZv Insurance companies in the US are the bottom of the barrel when it comes to global restrictions on breakneck fossil fuel expansion, and with the incoming Trump administration gutting federal regulation, it's time to double down on corporations to do what is within their power. Chubb AIG Liberty Mutual Insurance

With the #InsuranceCrisis unfolding around us and the world facing a temporary breach of 1.5°C, insurers have an unparalleled opportunity to accelerate the clean energy transition. I’m excited to share Insure Our Future Global's 2024 Insurance Scorecard - Within Our Power: Cut Emissions Today to Insure Tomorrow. This year’s report uncovers concerning trends: current practices are amplifying climate risks and shifting costs onto policyholders and the public, deepening affordability challenges, protection gaps, and mounting risks for the industry, economy, and society. Key findings from the 2024 Scorecard: ?? Climate change can account for over one-third of weather-related insured losses this century, totaling $600 billion ?? The climate-attributed share of insured weather losses rose from 31% to 38% over the last decade on average, and their annual growth is outpacing the growth of insured losses ?? For more than half of the companies analyzed, climate losses appear to already exceed written premiums from fossil fuels in 2023 ?? Renewable energy insurance market remains less than 30% of the size of fossil fuel premiums, highlighting a major bottleneck in the energy transition ?? As insurers retreat from climate-exposed regions and delay urgent action, the impact is devastating: higher costs, greater risks, and deeper inequality for those least responsible for the climate crisis. Policymakers and regulators must act now to address affordability and protection gaps while tackling the root causes of the crisis. Insurers, too, must rise to the challenge—aligning portfolios with a 1.5°C pathway by prioritizing clean energy, community resilience, and the future of our planet. Together with a passionate and talented network of colleagues and partners, we are driving critical conversations and holding the insurance industry accountable to ensure a just and sustainable future. Let’s keep pushing for the change we need! #InsureOurFuture #WithinOurPower #ClimateAction #InsuranceCrisis #Uninsurability #InsuranceIndustry #SustainableFinance #NetZero #EnergyTransition

?? Tomorrow will be published the annual survey benchmarking the climate commitments of 30 of the largest non-life (re)insurers! And here are the questions that this year's report will attempt to answer: ?Which insurers stand out for ending their support for fossil fuel expansion, one of the primary causes fuelling climate change? AXA, Allianz, Lloyd's, Chubb, SCOR? With the new commitments made by Zurich Insurance and Generali this year, one thing is certain: there will be some movement in the ranking ?? ?? What is the impact of climate change on their policyholders? ?? What should regulators and public authorities, such as the European Commission, do to prevent the emergence of uninsurable zones in the future? ? What are the solutions for maintaining insurance affordability for citizens while climate catastrophes hit stronger? ??Milton, Helene, the Dana in Valencia, flooding in northern France, heat waves in India. The list is much longer, and there is an urgent need for insurers and public authorities to act. For answers to these questions, discover the new Insurance Scorecard 2024 tomorrow. Reclaim Finance - ONG Insure Tomorrow Insure Our Future Global Campax Urgewald