[lbo-talk] Wall Street getting worried about climate change

Andy F andyf274 at yahoo.com
Wed Sep 28 11:24:27 PDT 2005


--- "Steven L. Robinson" <srobin21 at comcast.net> wrote:


> Where are the insurance companies in all of this?
> Given the claims that they have to pay out for
> hurricane damage one would think that they not only
> would wise up to the danger it poses their bottom
> line but - give their exposure - but bankroll
> lobbying efforts to do something about it. SR

I've read for several years that reinsurance companies (that cover insurance companies for events like Andrew -- it's tortoises all the way down) have been taking global warming seriously. A couple of years ago a WSJ columnist (and not in the op-ed section) referred to this concern as "whining".

Andy

__________________________________ Yahoo! Mail - PC Magazine Editors' Choice 2005 http://mail.yahoo.com



More information about the lbo-talk mailing list