As wildfires scorch California, should insurers divest from fossil fuels?

As wildfires scorch California, should insurers divest from fossil fuels?

As catastrophic wildfires spur insurance companies to raise homeowner premiums and drop thousands of policyholders across California, the industry has blamed climate change for fueling the blazes. Yet even as insurers sound the alarm about a warming planet, they continue to invest billions of dollars in the oil and gas sector, which scientists identify as the main driver of rising global temperatures as burning fossil fuels releases heat-trappin…