Insurers Climate Group Adjusts Guidelines After GOP Attacks (1)

The Net Zero Insurance Alliance, which has been rocked by claims of antitrust violations by US Republicans, is tweaking its membership criteria to evade further accusations of collusion.

The UN Environment Programme, which convened NZIA two years ago, said Wednesday in a statement that NZIA members will no longer be obligated to set or publish targets. Instead, companies will be responsible and publicly accountable for any targets they set, the methodologies used to set them, the timeline on which they decide to publish them, and the progress they’re making, according to UNEP’s statement.

Each company that chooses ...