Insurers to disclose climate-change risks

MarketWatch.com (by Dow Jones) ^ | 4/10/07 | Robert Schroeder

[SierraWasp]

WASHINGTON (MarketWatch) -- In a sign of increasing investor concern about global warming, two big insurers agreed to disclose information about the risks they face from climate change and how they'll try to combat those risks, mutual fund family Calvert and investors' coalition Ceres said Tuesday.

[SierraWasp]

This is getting progressively more malignant, this Gorebasm!!!

[kinoxi]

Thanks for posting.

[taxcontrol]

Insurance Risks due to Global Warming - none, we do not insure any firm from liability or damage from global warming.

Insurance Risks due to bad weather - depends, weather is highly unpredictable. The most that can be presented is the total insured liability should all policies claim at the same time and all claims are with cause.

[RightWhale]

Insurance companies tend to be more alert to what goes on than most. If global warming could possibly affect their business they will factor it in. If global warming allows people to live longer and healthier they will factor that in, although it wouldn’t make the evening news very often, but then, real stuff at that level isn’t usually newsworthy.

[SF Republican]

If global warming could possibly affect their business they will factor it in. Well, they could add 2-5% to the premium intake and that would affect their business (raking in money) a good bit. And then not having to pay out on claims for a couple of thousand years would be pretty smart.

[EagleUSA]

This is getting progressively more malignant, this Gorebasm!!!

---

This is exactly what the libs want — for the scam to have as much money-generating ability as possible. Hard to find something else that really shows how gullible and stupid a big part of the public really is.

A pure liberal junk-science scam.

[RightWhale]

Sure, but it’s an industry and not a monopoly. Rates are set competitively.

[neverhillorat]

Sure, same as gasoline

[xjcsa]

Morons.

[SierraWasp]

That's nuts! There's a worldwide market for oil and gasoline. There's no worldwide market for insurance!!!

Gasoline in America is being driven up in price by artificial shortages due to GANG-GREEN and NIMBYs stopping the building of refineries. (to say nothing of gas taxes with sales taxes levied on them in CA) Then to compound the price surging problems, we have these stupid GovernMental EnvironMental regional "boutique blends" of gasoline forced on us by litigation from GANG-GREEN!!!

So! Both this articles journaling the bogus actions of another industry under seige from GANG-GREEN, just like the gasoline industry and all you can do is make cheap shots from the sidelines!!!

All we need now is Kermit singin "It ain't easy bein green," from the peanut gallery!!! Phhhhhhhhhht!!!

[plain talk]

Well the oil companies get about 10% profit on a gallon of gasoline. Insurance companies have to deal with major events like Katrina. There’s no free lunch in the private sector. You have to be a government to be on the receiving end of a gravy train.

[SierraWasp]

"Insurance companies tend to be more alert to what goes on than most."

Yes, you are right, but... They are still publically owned corporations with attorneys always eager to premptively compromise with these militant EnvironMental Whackos who have the audacity to simply destroy a stockholder's meeting or anything else productive in traditional American Society/Culture to inject GANG-GREEN into our economic veins that are already sclerotic from all the mental puss of the Born Again Pagans!!!

[neverhillorat]

It`s all figured in. The states insist that insurance companies have the cash reserves to cover Katrina`s and they are very tough. Then the companies themselves will pull out of a market if it`s not generating the right risk/reward ratio.