NAIC reconsiders stance on climate change

12/9/2008 | PropertyCasualty360

Insurance regulators are reconsidering a proposed inclusion of climate change impact data in carriers' annual reports. Industry representatives attending the National Association of Insurance Commissioners' winter meeting said a compromise could be reached for next year. The American Council of Life Insurers, the National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America said a new position could be reached during the Climate Change and Global Warming Task Force on Dec. 17.

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