SAN DIEGO–The National Association of Insurance Commissioners gave final approval yesterday to a climate risk disclosure survey that has received mixed support among the insurance industry.
The survey was approved by the NAIC in plenary session during the organization's 2009 Spring Meeting here.
Insurers are asked in the survey to answer eight questions designed, according to the survey draft, "to provide regulators, shareholders and the public with substantive information about the risks posed by climate change to insurers and the actions insurers are taking in response to their understanding of climate change risks."
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