Connecticut wants to penalize insurers for backing fossil-fuel projects | A new bill could impose a fee on any company insuring a fossil-fuel project in the state.
Connecticut wants to penalize insurers for backing fossil-fuel projects | A new bill could impose a fee on any company insuring a fossil-fuel project in the state.
A new bill from the Connecticut legislature could impose a fee on any insurance company underwriting a fossil-fuel project in the state.
Good idea. Won't pass.
Insurance is to Connecticut what coal is to West Virginia, that’s why Lieberman fucked the public option. I’m from CT and worked in the (non-healthcare) industry for several years. I’m very surprised they got this far, but I agree that it probably won’t pass.
That said, I believe the relevant consulting office at Chubb is in Glastonbury, and I wouldn’t be surprised if CT is freaking out a little bit in response to them bailing Trump out. It’s always easy to see the harm caused by the “just actuarial analysis, nothing personal” attitude when you’re on this side of things, CT.