Read time: 1 minute

On Climate Change, Big Oil Vs…. The Insurance Industry?

If an insurance company can come up with grounds to deny a claim, they will. That strategy may finally move the needle on global warming.

Via Moyers & Company:

Our campaign finance system being what it is (or isn’t), it takes big money to move the political needle on an issue. So it would help the cause of those concerned about climate change if an industry-wide interest group with deep pockets were to step up to take on the fossil fuel industry.

Perhaps it will be the insurance business. Insurance companies have heaps of liability in covered assets that will likely be harmed by climate change  — homes in communities vulnerable to floods, for instance, or farms in the increasingly parched Southwest. As these assets become more difficult to pro...

Continue reading...

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team