<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: 12.8px; font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class="">2nd and 3rd of first 3 paragraphs: <b class="">[bold added]</b></div><div style="color: rgb(34, 34, 34); font-family: arial, sans-serif; font-size: 12.8px; font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class=""><br class=""></div><div style="font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class="">"California has one of the largest insurance markets in the United States, and the sixth largest insurance market in the entire world. All of this adds up to $289 billion a year in insurance premiums that companies collect and over <b class="">$7.5 trillion dollars in assets</b> <b class="">that these companies hold</b>. Commissioner Jones is the leader of a multi-state effort that administers the <strong class="">National Association of Insurance Commissioners</strong> <b class="">(NAIC) Climate Risk Disclosure Survey</b>, and he launched the <strong class="">California Department of Insurance Climate Risk Carbon Initiative</strong> requiring the reporting of fossil-fuel investments held by insurance companies.</div><div style="font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class=""><br class=""></div><div style="font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class="">"Commissioner Jones discussed the NAIC Climate Risk Disclosure Survey with the E2 Group. This survey, consisting of questions that assess <a href="http://www.sustainablebrands.com/news_and_views/business_models/sustainable_brands/report_more_us_insurance_companies_preparing_clima" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&q=http://www.sustainablebrands.com/news_and_views/business_models/sustainable_brands/report_more_us_insurance_companies_preparing_clima&source=gmail&ust=1501375436843000&usg=AFQjCNF1vOyQL-K-MP2EqorVTsmzfb3SFA" style="text-decoration: none;" class="">insurers’ responses to climate change</a>, was developed in 2009 as a <b class="">mandatory</b> survey for large companies. Three years ago, insurance regulators in California and five other states — Connecticut, Minnesota, New Mexico, New York and Washington — <b class="">mandated</b> completion of the survey by insurers writing in excess of $100 million in premium<font face="arial, sans-serif" style="color: rgb(102, 102, 102); font-size: 12.8px;" class="">s.</font><font color="#666666" face="arial, sans-serif" class=""><span style="font-size: 12.800000190734863px;" class="">”</span></font></div><div style="font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class=""><font face="arial, sans-serif" style="color: rgb(102, 102, 102); font-size: 12.8px;" class=""><br class=""></font></div><div style="font-variant-ligatures: normal; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class=""><font face="arial, sans-serif" class="">See it all here:</font></div><a href="http://www.sustainablebrands.com/news_and_views/finance_investment/megan_morrice/what’s_climate_risk_your_insurance_company" class=""><font color="#1155cc" face="arial, sans-serif" class=""><span style="font-size: 12.8px; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class="">http://www.sustainablebrands.</span></font><font color="#1155cc" face="arial, sans-serif" class=""><span style="font-size: 12.8px; orphans: 2; widows: 2; background-color: rgb(255, 255, 255);" class=""><wbr class="">com/news_and_views/finance_<wbr class="">investment/megan_morrice/what%<wbr class="">E2%80%99s_climate_risk_your_<wbr class="">insurance_company</span></font></a><div class=""><br class=""></div><div class=""><br class=""></div><div class=""><br class=""><div class="">
<div style="color: rgb(0, 0, 0); letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div style="color: rgb(0, 0, 0); font-family: Verdana; font-size: 14px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;">^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^<br class="">“In 1972, pursuing his calculations of ice-cover feedbacks, Budyko declared that, at the rate we were pumping CO2 into the atmosphere, the ice covering the Arctic Ocean might melt entirely by 2050."<br class=""><br class="">“Most scientists spoke more cautiously.”<br class=""><br class="">Physics Today (American Institute of Physics)<br class=""><a href="http://scitation.aip.org/content/aip/magazine/physicstoday/article/56/8/10.1063/1.1611350" class="">http://scitation.aip.org/content/aip/magazine/physicstoday/article/56/8/10.1063/1.1611350</a><br class=""><br class=""></div><div style="color: rgb(0, 0, 0); font-family: Verdana; font-size: 14px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><br class=""></div><div style="color: rgb(0, 0, 0); font-family: Verdana; font-size: 14px; font-style: normal; font-variant-caps: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><br class=""></div></div></div><br class="Apple-interchange-newline"><br class="Apple-interchange-newline">
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