"Insure Our Future" Action at Big Insurance Companies

Photos: Leon Kunstenaar / Pro Bono Photo

(SAN FRANCISCO, Feb. 29) - Are you one of the many homeowners whose fire insurance was cancelled because of no fault of your own but because of increased wildfire risk? Are you therefore required to pay exorbitant rates just to keep your mortgage? If you are, you might wonder how these companies stay in business with no one to insure.

Fear not for those big insurance companies like Chubb or AIG. They are doing just great by insuring ever more fossil fuel extraction projects. That such projects increase the environmental damage wrought by fossil fuels, accelerating wildfire risks, causing more homes to be threatened, causing homeowners to lose their insurance, making more money available to fund fossil fuels, works just fine for them. And round and round we go. Due to Chubb's ever increasing profits, chairman and Chief Executive Officer Evan Greenberg took home over $25 million dollars in 2022. 2023 was better.

Demonstrators on Market street in front of Chubb offices demanded that Chubb and AIG, just a couple of blicks away, stop enabling fossil fuel extraction and reorient to human needs. Scientist in their lab coats attempted to delivers their demands in writing. "Lamentors" were there to symbolize the calamities caused by fossil fuel development.

Jes Richardson was there to tell of new plans for his Gandhimobile.

The action at Market and Post Street was sponsored by the Bay Area Climate Justice Spokescouncil.

See all high resolution photos here.