Dear Friend,

During the COVID-19 pandemic, independent news is more important than ever. You turn to Democracy Now! because you trust that when we're reporting on this global crisis, our coverage is not brought to you by the fossil fuel, insurance or weapons industries or Big Pharma. We're bringing you stories from the front lines, and voices you simply won't hear anywhere else—but we’re counting on you to make it possible. Today, a generous supporter will DOUBLE your donation to Democracy Now!, meaning your gift goes twice as far. This is a challenging time for us all, but if you're able to support Democracy Now! with a donation, please do so today. Stay safe, and thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.


Chubb Becomes First U.S. Insurer to Stop Coverage for Coal Companies

HeadlineJul 03, 2019

Chubb became the first major insurance company in the U.S. to announce it would no longer provide coverage for coal companies. Chubb’s move this week came after mounting pressure from environmental groups and will extend its coverage ban to companies that produce more than 30% of their energy from coal. Mary Anne Hitt of the Sierra Club’s Beyond Coal campaign applauded the move and said, “The insurance industry risks being on the hook for trillions of dollars in damages linked to climate change—from rising seas to wildfires and storms. Insurers are well aware of that danger, and also well aware that the markets and the public are turning away from coal, which could leave them holding the bag for an obsolete industry.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation