Why Home Insurance Rates Jump On Fossil Fuel Investments

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, explains how insurance companies’ ongoing financial support for fossil fuel projects worsens climate change. He cites reports, including one from the Chicago Sun-Times and groups like PRIG and the Consumer Federation of America, which link fossil fuel investments directly to rising home insurance premiums. This connection reflects a broader industry trend of increased costs for consumers tied to climate risks.