Insurance Group Foregoes Climate Survey Update But Eyes More Reporting

A group representing state insurance regulators appears likely to put off updating its climate risk disclosure requirements for this year while looking to expand industry participation in the voluntary survey to be better prepared for future mandatory reporting. During an April 9 briefing, a special workgroup recommended to the National Association of Insurance Commissioners (NAIC) Climate and Resiliency Task Force that the group maintain the questions and framework for its current survey, which is issued each July and is intended...