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Insurance companies joining global warming believers

by Dave Konkel [Moderator] / October 9, 2005 10:34 PM PDT
Insurers joining global warming believers; Weather-related costs may become severe, some claim. (Chronicle login: semods4@yahoo.com; pw = speakeasy)

>> Some of the industry's largest companies have sided with environmental groups in recent years to argue that global warming exists and that man-made causes are adding to the severity and cost of natural catastrophes.

Although no insurer has cited global warming's increased risks as a reason for raising rates, some are funding their own research on the topic and, in the political realm, are supporting measures to reduce emissions. <<

Hard to dismiss this as liberals trying to deswtroy American business!

-- Dave K, Speakeasy Moderator
click here to email semods4@yahoo.com

The opinions expressed above are my own,
and do not necessarily reflect those of CNET!
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Hard to make this about ALL insurers ...
by Evie / October 10, 2005 12:00 AM PDT

... when you have the following stated in your own link:

"The science isn't that definite," said David F. Snyder, the group's vice president and assistant general counsel. "There's no consensus in the insurance industry on the issue."

He said the group believes the industry's clout would be put to better use pressing for stricter land-use rules to keep development out of dangerous areas and for better building codes in marginal areas.


And about those mosquito borne illnesses, perhaps it's past time to rethink the "wetlands"!

Evie Happy

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Not difficult at all IF...
by Edward ODaniel / October 10, 2005 7:24 AM PDT

you want to give that as the message (note how the author carefully used faction rather than fraction which would have been more accurately definitive) and if you are aware that your intended audience can be relied on to skim the article grasping only what the author highlites.

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A lot of it
by dirtyrich / October 10, 2005 12:50 AM PDT

probably has more to do with lawsuits, which could be decided on less-than-scientific grounds. All you need is a good lawyer, a sympathetic plaintiff, and a few "experts" would put on a good show, and the result would probably be a multi-million dollar case.

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