Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel.
Tag: coal insurance
The Hartford Announces Its Policy on Insuring, Investing in Coal, Tar Sands
The Hartford announced its policy on insuring and investing in coal and tar sands. The company will no longer insure or invest in companies that generate more than 25 percent of their revenues from thermal coal mining or more than 25 percent of their energy production from coal. In addition, the company will also stop… Continue reading The Hartford Announces Its Policy on Insuring, Investing in Coal, Tar Sands