Friend,

When major insurance companies insure fossil fuel projects, it puts our planet at risk by accelerating global warming.

Moreover, the increasing frequency of natural disasters driven by climate change puts the finances of investors and consumers in general at risk.

Add your voice to help us convince Chubb, one of the largest insurers in the country: Stop insuring climate risks.

By providing the insurance necessary for new fossil fuel projects to get built, companies such as Chubb are stoking the climate crisis. It's ironic -- and dangerous -- that the companies charged with protecting us from disasters are exacerbating the devastating effects on our homes and lives from climate change-related floods, hurricanes and wildfires.1

It's all hands on deck when it comes to fighting climate change. And major insurance companies have a big role to play: By choosing not to insure fossil fuel projects, Chubb and others in the industry could help shift resources away from infrastructure that pollutes our air and harms our climate.

We'll need to raise our voices by the thousands if we want to convince Chubb to stop insuring fossil fuel projects. Will you add your name to our petition today?

In addition to doing irreparable damage to our planet, here's how insurers such as Chubb are putting the financial well-being of homeowners, retirees, investors and small businesses at risk:

• Severe weather events -- which are becoming both more frequent and more destructive due to global warming -- could result in property owners' deaths, injuries, property loss, property damage or diminished property values.
• Insurance companies could then, as they often do, hike premiums to pass on the higher costs of claims to their customers, tightening household budgets and freezing more people out of the market entirely.
• Plus, more fossil fuel projects will likely expose companies across all industry sectors to financial risks related to climate change, which could depress the value of virtually all assets and hurt retirees and all other investors.2

Continuing on this path is a lose-lose for consumers and the planet. But right now, we have a real chance to start changing the insurance industry, one company at a time. Tell major insurer Chubb to do right by American consumers and stop propping up the projects fueling climate disaster.

Thank you,

Faye Park
President

1. "PIRG's affiliated environmentally-responsible mutual fund company re-files shareholder proposals with Chubb, The Hartford and Travelers," PIRG, February 8, 2023.
2. "PIRG's affiliated environmentally-responsible mutual fund company re-files shareholder proposals with Chubb, The Hartford and Travelers," PIRG, February 8, 2023.