Climate advocacy group Investors for Paris Compliance accuses Canada's largest insurers of investing $19.5bn in fossil fuels in 2022, raising home and mortgage insurance premiums.
Climate advocacy group Investors for Paris Compliance accuses Canada's largest property and casualty insurance companies of investing $19.5bn in fossil fuels in 2022, while raising home and mortgage insurance premiums due to climate-related disasters. The group urges regulators to scrutinize these investments and claims they result in higher claims and premiums.
July 10, 2024
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