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In Global Warming Debate, Insurers Play it Cool

In Global Warming Debate, Insurers Play it Cool

by The Daily Eye Team January 17 2014, 11:32 am Estimated Reading Time: 0 mins, 33 secs

NEW YORK (TheStreet) — Both sides embroiled in the political debate over climate change will find proof for their positions in data collected by the insurance industry. But don’t expect the industry itself to weigh in.

In a phone interview, Dr. Robert Hartwig, president of the Insurance Information Institute, emphasized that the insurance industry as a whole is satisfied to let the scientific community estimate the realities of climate change and the possible influence of man-made greenhouse gasses. While insurers have an obvious stake in science’s findings, agreeing or disagreeing with any particular theory isn’t the job of an insurer.

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