Treasury Officials Launch Push To Bolster Climate Oversight Of Insurers

August 30, 2021
Treasury Department regulators are launching a new effort to boost their climate-related oversight of the insurance sector, a move aimed at improving how the country responds to a variety of climate-related financial risks while also indirectly pressing other industries to curb greenhouse gases that cause climate change. The insurance-focused initiative is outlined in a request for information from Treasury’s Federal Insurance Office (FIO) that is scheduled to be published in the Aug. 31 Federal Register . FIO was created by...

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