Trans Mountain pipeline insurers dropping like flies

This article was written by Natasha Bulowski and published in Canada’s National Observer on April 25, 2022. Lloyd’s of London syndicate Aspen Insurance announced April 21 it will cut ties with Trans Mountain when its insurance policy expires this summer, making it the 17th company to do so. In an email to Coal Action Network,…

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Chubb Quietly Confirms Withdrawal as Trans Mountain Insurer

This article was published by The Energy Mix on September 16, 2021. The world’s biggest publicly-traded provider of property and casualty insurance has issued what may be the world’s quietest media statement confirming that it will no longer offer coverage to the Trans Mountain pipeline. In a six-line news alert Tuesday, Bloomberg News confirmed that…

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Climate groups warn Trans Mountain insurers they plan to get louder

This article was written by John Woodside and was first published to Canada’s National Observer on September 3, 2021. Nearly two dozen environmental and Indigenous organizations have signed an open letter calling on Trans Mountain insurers to drop the pipeline, warning the CEOs of major insurance companies that pressure will continue to mount until they do. The letter urges…

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Stop Insuring Trans Mountain Pipeline Week of Action

This call to action was originally shared on The Action Network. From June 14-21, 2021, activists around the world will organize actions and protests at the branches, offices and headquarters of the insurance companies that are backing the Trans Mountain pipeline. There are two ways that you can get involved: Find an action near you,…

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Trans Mountain Pipeline Loses Another Insurer

Written by Mitchell Beer this article originally appeared in The Energy Mix on June 3, 2021. Another insurance company is abandoning the controversial Trans Mountain Pipeline. “We currently insure the Trans Mountain pipeline, but do not intend to renew when the policy expires in August 2021,” wrote David Snowden, senior VP of group communications at…

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