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Ceres and a Series of Serious Thoughts about the NAIC Climate Disclosures - Part I

By J. Wylie Donald, Partner, McCarter & English Ceres released last month the first analysis of the insurer climate change disclosures submitted to state regulators pursuant to the National Association of Insurance Commissioners rule. The report is eye-opening. The authors have combed through...

Ceres and a Series of Serious Thoughts About the NAIC Climate Disclosures - Part II

By J. Wylie Donald, Partner, McCarter & English We wrote yesterday to introduce Ceres' report on the disclosure of climate risks by insurers and considered its first Recommendation to Regulators concerning mandatory and public disclosures. We address today the second recommendation in Climate...

Ceres and a Series of Serious Thoughts About the NAIC Climate Disclosures - Part III

By J. Wylie Donald, Partner, McCarter & English This is the last of three parts concerning Ceres' recently released Climate Risk Disclosures by Insurers: Evaluating Insurer Responses to the NAIC Climate Disclosure Survey . We already have looked at the first two Recommendations to Regulators...

Ceres and a Series of Serious Thoughts About the NAIC Climate Disclosures - A Three Part Series

Ceres released last month the first analysis of the insurer climate change disclosures submitted to state regulators pursuant to the National Association of Insurance Commissioners rule. The report is eye-opening. The authors have combed through the disclosures of 88 insurance companies and offer thoughtful...

National Round Table on Environment and Economy (NTREE): Who Understands Climate Risks?

By Dianne Saxe, Ontario Environmental Lawyer In its Advisory Report - Facing the Elements: Building Business Resilience in a Changing Climate , the National Round Table on the Environment and the Economy provides a fascinating insight into the way different business sectors perceive, and disclose...

Climate Crisis: Insurers Tell Weather Like It Is

By Dianne Saxe, Ontario Environmental Lawyer The Canadian federal government does not like to talk about climate change, so the Insurance Bureau of Canada has released a hard hitting report on the damage that climate change is already causing in Canada: Telling the Weather Story: Can Canada Manage...

Climate Change Burns While Governments Fiddle

By Dianne Saxe, Ontario Environmental Lawyer Everywhere I look, I see galloping evidence of climate change. Last weekend, southern Ontario watched ski trails and ice rinks melt under the onslaught of record high temperatures and heavy rain. Spring perennials and bulbs were blooming in Toronto gardens...

New York Attorney General Can Advance and Improve Climate Disclosures Under Federal, State Securities Laws

In recent years, a major challenge facing companies and securities regulators has been when and how to disclose material risks related to climate change in federal securities filings. In 2010, in response to a petition, the SEC issued an interpretive release on disclosure of climate change risks to assist...