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Tag: Treasury dept

Climate Risk a Major Challenge for Insurance Industry, Treasury Says

Carriers pulling out of states

Climate-related risks are becoming an increasing challenge for insurers, the U.S. Treasury Department said, urging state regulators to step up their so-far “limited” efforts to address the issue.

Published June 28, 2023
Categorized as Show on Homepage Tagged climate change and insurance, climate risk, convective storms, floods, insurance regulation, Treasury dept, wildfires
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