Trade body APCIA backs state commissioners’ call on climate reporting standards
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Trade body APCIA backs state commissioners’ call on climate reporting standards

APCIA Ricardo Lara and Mike Kreidler.jpg

The state insurance commissioners of California and Washington have called upon insurance companies licensed within their jurisdictions to report climate risks in accordance with standards set by the Financial Stability Board.

In a statement released on Tuesday, Ricardo Lara, the California insurance commissioner, and his counterpart in Washington, Mike Kreidler, formally requested companies under their purview to follow the Task Force of Climate-related Financial Disclosures (TCFD) recommendations when filling out...

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