Higher insurance premiums – blame climate change
Blame climate change?
Consumer Reports February 2006
Coming soon to your mailbox: higher bills for home and auto insurance, larger deductibles, and more restrictions, courtesy of global climate change. That’s the conclusion of a recent report commissioned by Ceres, a coalition of institutional investors and environmental groups in the U.S. and Europe. “Insurance as we know it is threatened by a perfect storm of rising weather events,” says Mindy Lubber, president of Ceres.
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