Monday, February 14, 2022

AIG still loves coal

 


Insurance company American International Group (AIG) just announced it’s not renewing existing coverage for thousands of homeowners in wildfire-prone areas of California.

Instead, it will offer policies that could cost three to five times what customers pay now — with less generous coverage, to boot.

But AIG is still a top insurance provider to dirty coal and other fossil fuels that are driving dangerous wildfires and other climate disasters.

We must call out this hypocrisy by sending a message to the top.

For Valentine’s Day, let’s show AIG’s CEO some love: Comment on his LinkedIn post and tell him how you really feel about his relationship with the coal industry.

(Don’t have LinkedIn? You can also email AIG’s CEO and other top executives directly.)

Fossil fuel companies can’t operate without insurance. If we convince AIG to stop insuring coal mines and power plants, we can deal a major blow to this polluting industry.

In response to pressure from people like you, dozens of other insurers have dropped coverage for coal. But AIG seems intent on being coal’s insurer of last resort.

Tell AIG’s CEO: It’s past time to break up with coal.

The company’s CEO, Peter Zaffino, knows the risks from climate change. And he’s making moves to protect his business.

But he also plans to make short-term profits off the climate crisis by continuing to insure new coal projects. Calling out his climate hypocrisy on Valentine’s Day will show his followers where his heart truly lies.

Add your comment to his LinkedIn post to send the message that his love affair with coal can’t last.

Thank you for speaking up.

Hannah
Public Citizen

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