Economy
N.J. Now Requires Insurers to Report How They Account for Effects of Climate Change
STEVE STRUNSKY / NJ.COM – New Jersey is joining several other states that require larger insurance companies to submit information on how they are preparing for the financial impact of climate change.
The state Department of Banking and Insurance said Monday that the requirement to complete and submit the National Association of Insurance Commissioners’ Climate Risk Disclosure Survey applies to 58 carriers doing business in New Jersey that collect at least $100 million in premiums nationwide …
