Pressure US insurers

A new report from Insure Our Future found that US insurers like AIG, Liberty Mutual, and Travelers have fallen even more starkly behind global insurance peers when it comes to climate action. AIG, for example, has absolutely zero restrictions on insuring fossil fuels, despite being one of the biggest providers of coverage to the coal, oil and gas industries.

Without insurance, fossil fuel companies can’t build more oil pipelines, coal-fired power plants, or fracking wells. It’s just too risky.

Help us send a powerful message to US insurance executives: Your unchecked support of fossil fuel expansion is indefensible. It’s time to stop driving us towards climate chaos.

Last week, in the lead up to the COP26 climate talks in Glasgow, our friends at Rainforest Action Network plastered Liberty Mutual’s hometown city – Boston – with spoof advertisements to set the record straight on Liberty Mutual’s destructive climate and human rights record.

And around the world last Friday, young people, Indigenous communities, and climate activists took to the streets outside AIG, Travelers and Liberty Mutual to demand immediate action: stop insuring fossil fuel expansion and respect Indigenous rights.

Together, we can move these giant corporations: according to Insure Our Future’s new report, 35 major insurers have now ruled out insurance for new coal projects, and more than a dozen are restricting some coverage for oil and gas too. And thanks to hundreds of phone calls and thousands of emails from all of you, Chubb dropped the toxic Trans Mountain tar sands pipeline this September.

These steps are important, but they’re not enough, as the US insurance industry remains a lifeline to coal, oil, and gas expansion projects. That’s why it’s so important to expose the role of these US insurance laggards in fueling climate chaos.

Can you add your voice to the call for insurance companies to drop the fossil fuel industry?

Tell US insurance companies: Stop insuring and investing in fossil fuels — our planet can’t afford anything less.

In solidarity,
~ Stop the Money Pipeline

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