Major US carriers face investigation on fossil fuel backing
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Major US carriers face investigation on fossil fuel backing

Abbie Wood
12 June 2023
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Fossil fuel (coal) power station and wind turbines in the Eemshaven generating power.jpg

The US Senate Committee on the Budget has launched an investigation on seven major insurers on their backing of fossil fuel projects.

Executives at AIG, Berkshire Hathaway, Chubb, Liberty Mutual Group, Starr Wright USA, State Farm and Travelers Insurance have received a letter from Senate Budget Committee chair Sheldon Whitehouse.

The

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