Industry News: California Insurance Commissioner Rejects Petition to Require Fossil Fuel Underwriting Disclosure

“California’s new commissioner wasn’t getting along so well on Earth Day with groups of climate change and consumer activists.

California Insurance Commissioner Ricardo Lara, who put battling climate change on top of a liberal and consumer friendly platform on his way to winning election as commissioner, rejected a petition urging him to place new regulations on insurers to disclose what projects in the fossil fuel industry they underwrite.”

Click here to read the full article from InsuranceJournal.com.