{"id":5818,"date":"2013-03-22T04:16:45","date_gmt":"2013-03-22T08:16:45","guid":{"rendered":"http:\/\/www.warrensenders.com\/journal\/?p=5818"},"modified":"2013-03-11T14:39:18","modified_gmt":"2013-03-11T18:39:18","slug":"year-4-month-3-day-22-i-promise-the-check-is-in-the-mail","status":"publish","type":"post","link":"https:\/\/www.warrensenders.com\/journal\/year-4-month-3-day-22-i-promise-the-check-is-in-the-mail\/","title":{"rendered":"Year 4, Month 3, Day 22: I Promise The Check Is In The Mail"},"content":{"rendered":"

Wendy Koch (presumably no relation) writes in USA Today about the problems of insurance companies:<\/a><\/p>\n

Most insurance companies do not have comprehensive strategies to cope with climate change despite mounting weather-related claims, says a report to be released Thursday.<\/p>\n

Of 184 companies surveyed, only 23 had such strategies, and 13 of those that did were foreign-owned, according to report by Ceres, a Boston-based non-profit that promotes eco-minded business practices. The report says the most prepared tend to be the largest companies with scientists on staff and those that insure property rather than life or health.<\/p>\n

Many companies “won’t talk about climate change” and if they do, they use “hedged” language to avoid the controversial issue of whether it’s man-made, says author Sharlene Leurig, senior manager of Ceres’ insurance program. She says the issue is less politically divisive in Europe, where insurers are often better prepared.<\/em><\/p><\/blockquote>\n

They’ll relinquish profitability rather than admit they were wrong. March 11:<\/p>\n

The American insurance industry, unprepared for climate change? Given how much precision these folks bring to actuarial analysis, this suggests a systemic failure of impressive proportions \u2014 a notion borne out by the fact that those firms with on-staff scientists are much more likely to be developing and implementing strategies for coping with the ramifications of a runaway greenhouse effect.<\/p>\n

The oft-circulated notion that climate science is “controversial” is an absurdity; global warming is at the center of a controversy not because scientists disagree, but because a single ideological bloc in American politics has decided to make it so. If insurance companies \u2014 the people who’ve turned the statistical measurement of risk into a profitable business \u2014 are shy about addressing the burgeoning climate crisis because it’s a politically contentious issue, this confirms that even in the corporate sector, ideology trumps common sense, and ignorance counts for more than data. <\/p>\n

Warren Senders<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Wendy Koch (presumably no relation) writes in USA Today about the problems of insurance companies: Most insurance companies do not have comprehensive strategies to cope with climate change despite mounting weather-related claims, says a report to be released Thursday. Of 184 companies surveyed, only 23 had such strategies, and 13 of those that did were […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,44],"tags":[680,207,166],"class_list":["post-5818","post","type-post","status-publish","format-standard","hentry","category-environment","category-politics","tag-corporate-irresponsibility","tag-idiots","tag-insurance-companies"],"_links":{"self":[{"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/posts\/5818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/comments?post=5818"}],"version-history":[{"count":1,"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/posts\/5818\/revisions"}],"predecessor-version":[{"id":5819,"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/posts\/5818\/revisions\/5819"}],"wp:attachment":[{"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/media?parent=5818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/categories?post=5818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.warrensenders.com\/journal\/wp-json\/wp\/v2\/tags?post=5818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}