I believe the message that climate change is a major threat to the insurance industry is well understood throughout the industry. Investors for Paris Compliance has been trying to communicate the necessary next steps as a result of that for the past couple of years via resolutions, direct engagements and some complaints to regulators.
Part of the problem is that no corporate actor or industry wants to take that responsibility. Unfortunately, that means that it's inevitable then that this type of litigation will probably get somewhat messy. It will stir up the insurance industry if nothing is done before then.
