Insurance Companies’ Fossil Fuel Investments a ‘Potential $459 Billion Liability’
The insurance industry’s massive investments in fossil fuel companies — to the tune of $459 billion — represents a risky bet as demand for coal, oil and gas drops and renewable energy gains momentum, according to a Ceres report released yesterday. Insurance groups Ameriprise (12.4 percent), Lincoln National (11.8 percent) ... Read more »

