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First major US insurance company moves away from coal
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First major US insurance company moves away from coal

“Chubb recognizes the reality of climate change and the substantial impact of human activity on our planet,” Evan G. Greenberg, the company’s chair and CEO, said in a statement.
US insurer Chubb pulls back from coal

US insurer Chubb pulls back from coal

Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than 30% of their revenue from coal mining.

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