New combatant against global warming: insurance industry
The world's second-largest industry, worried about losses related to climate change, offers incentives to 'go green.'
By Ron Scherer | Staff writer of The Christian Science Monitor
NEW YORK – Insurance companies, who like to stay out of the limelight, are becoming leading business protagonists in the assault on global warming.
• Next week, Travelers, the giant insurance firm, will offer owners of hybrid cars in California a 10 percent discount. It already offers the discount in 41 other states and has cornered a large share of the market.
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By Ron Scherer | Staff writer of The Christian Science Monitor
NEW YORK – Insurance companies, who like to stay out of the limelight, are becoming leading business protagonists in the assault on global warming.
• Next week, Travelers, the giant insurance firm, will offer owners of hybrid cars in California a 10 percent discount. It already offers the discount in 41 other states and has cornered a large share of the market.
posted by anthony m, at Friday, October 13, 2006
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