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

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015