State Farm stopped insuring California homes due to climate risks. But it shares lobbyists with big oil
Allstate, too, has pulled out of climate disaster-prone areas while hiring lobbyists who are also aligned to fossil fuel interests
The largest home insurer in the US, State Farm, which is halting new homeowner policies in California due to the rapidly growing catastrophe exposure" posed by wildfires, has hired lobbyists who also work to advance fossil fuel industry interests across 18 states, a new database shows.
While State Farm in May refused to take new home insurance applications in California, it retains a lobbying firm in the state - the Sacramento-based KP Public Affairs - which also represents Tenaska, a gas developer. Across the US, State Farm shares lobbyists with a raft of oil and gas companies, including ExxonMobil, Calpine and Occidental Energy.
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