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The Select Committee on Energy Independence and Global Warming addressed our nation's energy, economic and national security challenges during the 110th and 111th Congresses.

This is an archived version of the committee's website, where the public, students and the media can continue to access and learn from our work.
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SELECT COMMITTEE: INSURANCE POLICIES FOR A WARMER EARTH?

EXTREME WEATHER EVENTS FROM GLOBAL WARMING CHANGES RISK INDUSTRY

Washington, DC - On Thursday the Select Committee on Energy Independence and Global Warming will hear from insurance experts on how a riskier, warming would will affect their business and the costs to consider if we do not act to cut heat-trapping pollution. A recent General Accounting Office (GAO) report notes that insurers paid more than $320 billion in claims on weather-related losses from 1980 to 2005. Scientists predict that an unstable climate due to global warming will cause more severe and unpredictable weather events.

WHAT: “Economic Impacts of Global Warming: Part 1-Insurance”

WHERE: 2359 Rayburn House Office Building, Washington, DC

WHEN: 9:30 AM, Thursday, May 3rd, 2007

WHO: Edward J. Markey, Chairman, Opening Statement

John B. Stephenson, Director of Natural Resources and Environment, GAO

Mike Kreidler, Washington State Insurance Commissioner

Frank Nutter, President, Reinsurance Association of America

PLEASE NOTE: The House Select Committee on Energy Independence and Global Warming was created to explore American clean energy solutions that end our reliance on foreign oil and reduce carbon pollution.

The Select Committee was active during the 110th and 111th Congresses. This is an archived version of the website, to ensure that the public has ongoing access to the Select Committee record. This website, including external links, will not be updated after Jan. 3rd, 2010.

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