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Sign up to our newsletter Home About Latest Campaigns Scorecard Get Involved Contact Press inquiries jamie.kalliongis@sunriseproject.org Campaign Global U.S. Japan Insure Our Future, Not Fossil Fuels Insurance companies are supposed to protect us from catastrophic risks. Yet when it comes to the largest threat to humanity – climate change – insurers are perpetuating dependence on fossil fuels by insuring new coal, oil and gas projects. Insure Our Future U.S. is a campaign holding the U.S. insurance industry accountable for its role in the climate crisis. Why Insurance Insurance Company Climate Commitments You can’t drive a car or buy a house without insurance. Likewise, without insurance, companies cannot build or operate coal plants or oil pipelines. Insure Our Future tracks insurance companies’ commitments to end support for the fossil fuels driving the climate crisis. 1 The number of U.S. insurers restricting underwriting for conventional oil & gas. 7 The number of North American companies restricting underwriting for coal. Globally, 45 insurers have coal policies. $582 billion The estimated amount U.S. insurers have invested in fossil fuels. It’s time for U.S. insurers to follow the science and ditch fossil fuels As more insurance companies around the world restrict and end coverage for coal, oil and gas, fossil fuel companies face rate increases that could make new projects unviable. But U.S. insurers continue to provide a lifeline to the fossil fuel industry. Insurers are also major investors—they have over $35 trillion in assets. Many invest their customers’ premiums in the fossil fuels driving climate change. U.S. insurers should immediately stop insuring new fossil fuel projects and phase out existing coal, oil and gas insurance in line with a 1.5°C pathway. Explore our campaigns to stop insuring the unacceptable . Our demands to the insurance industry: 1 Immediately cease insuring new and expanded coal, oil, and gas projects. 2 Immediately stop insuring ay new customers from the fossil fuel sector which have not published a transition plan aligned with a credible 1.5°C pathway, and stop offering any insurance services which support the expansion of coal, oil and gas production even among existing customers. By the end of 2025, completely phase out all insurance services for existing fossil fuel company customers which have not published such a transition plan. 3 Immediately divest all assets, including assets managed for third parties, from coal, oil, and gas companies which have not published a transition plan aligned with a credible 1.5°C scale up investments in a just, equitable, and rapid global transition to a clean energy economy. Read all 7 demands Latest Blog Brief Event Factsheet Letter Press Release Report Go to latest April 9, 2024 Campaigners Demand ‘Polluters Pay’ as Insurance Industry Meet for Inaugural Sustainability Summit Today, as the insurance industry convenes for the first Global Sustainable Insurance Summit in Los Angeles, the 32 campaign groups of the Insure Our Future network have sent a letter to the world’s leading fossil fuel insurers, detailing how they can accelerate the transition to a clean and just energy economy. Demands in the letter … Letter , Press Release | Insurance Company: AIG , AXIS Capital , Chubb , Liberty Mutual , Lloyd’s of London , Sompo , The Hartford , Tokio Marine , Travelers | Project: Oil & Gas April 4, 2024 California Homeowners Face Billions in Property Loss from Climate-Related Insurance Non-Renewals The ‘Dirty Dozen’ insurers—that restricted coverage in California citing climate risks—have $113B of investments in and $3.6B of underwriting income from fossil fuels. California homeowners face a potentially staggering economic blow due to climate-related insurance non-renewals. Insure Our Future’s analysis finds homeowners could lose between $9.87-32.1 billion in property value as a result of more … Blog , Brief | Insurance Company: AIG , Chubb , Liberty Mutual , The Hartford , Tokio Marine , Travelers | Project: Legislation/Policy/Resolutions , Regulation April 4, 2024 Factsheet: The Future is Uninsured This fact sheet was developed as a companion piece to Analysis: California Homeowners Face Billions in Property Loss from Climate-Related Insurance Non-Renewals. Page 1: Page 2: Factsheet | Insurance Company: AIG , Berkshire Hathaway , Chubb , Liberty Mutual , State Farm , The Hartford , Tokio Marine , Travelers | Project: Legislation/Policy/Resolutions , Regulation Contact Press Inquiries tyler.kruse@sunriseproject.org Sitemap Home About Latest Campaigns Scorecard Get Involved Newsletter Data Protection Privacy Policy Social Media formerly Twitter LinkedIn Instagram Mastodon Sign up for the latest on climate, fossil fuels and the insurance industry Subscribe The Sunrise Project Inc. © 2024 Insure Our Future. All rights...