Climate Activists Crashed Global Insurance Meeting To Demand Exit From Coal Companies
By Peter Bosshard for Alternet - By divesting from coal companies, insurers can fulfill their basic mission: to protect us from catastrophic risk. Climate activists brought their message that insurance companies need to stop supporting coal projects to a global meeting of insurance CEOs in San Francisco. On June 15, activists interrupted the opening session of the CEO gathering at the Ritz Carlton Hotel and raised a banner that read, "The World’s Best Insurance? Keeping Coal in the Ground." The banner display was part of a series of climate protests welcoming the insurance CEOs, who met in San Francisco at the invitation of the Geneva Association, an insurance think-tank. A letter was also sent to the individual CEOs, calling for them to move away from coal and invest in renewables. Then, on the following day, activists conveyed their message with a public rally of insurance mascots to greet the CEOs, and circled the executives' closing dinner at a landmark hotel tower with a plane displaying the message, "Insurers: Unfriend Coal Now."