Insurers Tell Congress Climate Change isn’t about “Belief” — The Dollars are RealBy Michael Frank on March 9th, 2012
It’s just possible the insurance business can break the logjam on climate theory versus climate fact. Last week members of the insurance industry called for a national policy related to climate and weather. They said the U.S. needs a massive shoring up of infrastructure and standards as the costs of extreme weather are mounting ever upward. Cynthia McHale at Ceres reinsurance put it simply when she told Congress that the costs of recent hurricanes and tornadoes aren’t about belief in climate theory. They’re a fact, and ignoring those costs and trends ignores not only science but reality.
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