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Treasury studying insurance sector climate risks


The Treasury Department said the Federal Insurance Office is requesting public comment on the insurance sector and climate-related financial risks.

September 01, 2021 / By ICBA

The Treasury Department said the Federal Insurance Office is requesting public comment on the insurance sector and climate-related financial risks. The effort will focus on:

  • Assessing climate-related issues in insurer regulation.
  • Assessing the potential for major private insurance coverage disruptions.
  • Increasing the office’s engagement on climate-related issues.

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