Bloomberg: U.S. property-casualty insurers, a group that includes Travelers Cos. (TRV) and Allstate Corp. (ALL), should take a leadership role in preparing for climate-change risks as severe weather becomes more frequent, a lobbying group said.
“Insurers have historically been influential in motivating society to reduce risks, whether by advocating for smoke detectors in buildings or safety restraints in vehicles,” Boston-based Ceres said today in a report. “Insurers have much to offer, and much at stake,…

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