Insurance companies enable the development and expansion of fossil fuel projects by providing insurance coverage. The expansion of the fossil fuel industry comes with a long and shameful history of environmental racism, widespread violations of Indigenous rights, the poisoning and polluting of low-income communities, and the acceleration of global warming.

Without insurance coverage, new fossil fuel projects cannot be built. Yet, major insurance companies are enabling the buildout by providing that crucial insurance. Fewer than 10 companies, including Chubb, AIG, and Travelers, insure the vast majority of the oil and gas industry.

Chubb, for example, one of the world’s biggest insurers of oil and gas expansion, has been linked to offshore oil and gas drilling in Brazil and oil and gas exploration in the Arctic National Wildlife Refuge. Unlike 15 other insurers, it has refused to rule out support for the risky East African Crude Oil Pipeline.

These and other fossil fuel projects threaten local communities’ health, water, and air and will accelerate global climate harms. We can support efforts to resist fossil fuel development and curb future climate pollution by targeting the companies that provide a key pillar of support: insurance.

Last year, following pressure from Indigenous communities and climate activists, Chubb committed to not insure tar sands oil projects like the destructive Trans Mountain pipeline in Canada.

The pressure works – sign and join us in demanding insurance companies stop fueling climate change.