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Alaska Warns Insurers Over Climate Policy Impact on Energy

12/9/2025

Summary

Story summary

Alaska's government issued warning letters to American International Group, Inc. (AIG), Zurich Insurance Group (Zurich), Chubb Limited (Chubb), and The Hartford Financial Services Group, Inc. (The Hartford) regarding climate-related policies.
The letters argue these policies create an uneven playing field for energy projects as Alaska seeks to lift Arctic National Wildlife Refuge (ANWR) exploration restrictions.
Alaska officials say underwriting decisions should be based on risk, not politics or environmental commitments.

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Story summary

Alaska's government issued warning letters to American International Group, Inc. (AIG), Zurich Insurance Group (Zurich), Chubb Limited (Chubb), and The Hartford Financial Services Group, Inc. (The Hartford) regarding climate-related policies.
The letters argue these policies create an uneven playing field for energy projects as Alaska seeks to lift Arctic National Wildlife Refuge (ANWR) exploration restrictions.
Alaska officials say underwriting decisions should be based on risk, not politics or environmental commitments.