According to The Sunrise Project, a total of 26 global insurance companies have ended or limited coverage for coal projects, with many also moving to restrict services to the oil and gas sector. (Photo: Michal Krakowiak/iStockphoto)

Both Zurich Insurance Group and AXIS Captial recently announced their intentions to cease insurance coverage for controversial oil and gas projects as the insurance industry continues on a rapid trend towards climate-friendly policies.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].