in News Departments > FYI
print the content item

As part of a plan to address climate change, St. Paul, Minn.-based Travelers has established a climate change committee to identify emerging risks that may require new underwriting strategies or the development of new types of coverage that are responsive to a changing climate. Travelers says the committee will consider insurance programs tailored to emerging clean energy technologies, such as wind farms.

"As a major property casualty insurer, we focus on the evolving insurance requirements caused by changing climate conditions to address consumers' needs," says Robert Flynn, vice president of strategic policy for Travelers. "We regularly seek to identify and pursue opportunities for innovation to protect our customers' physical assets and financial future."

Additional information about Travelers' climate change efforts is available in a report issued by the Carbon Disclosure Project, a coalition of global investors interested in examining the risks and opportunities facing the world's largest publicly traded companies due to climate change.


Trachte Inc._id1770
Latest Top Stories

Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.


Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Tower Conference_id1965