06/18/2026
As mandatory climate risk corporate disclosure evolves across the United States and globally, U.S. insurance regulators and insurers have demonstrated notable leadership in this area. In April 2022,
the National Association of Insurance Commissioners (NAIC) took a significant step forward by mandating that insurers with $100 million or more in premiums in participating states must file
Climate Risk Disclosure Surveys aligned with the Task Force on Climate-related Financial Disclosures (TCFD), the global standard for climate risk disclosure. In other words, it is not just a good idea, it is the law!
Ceres’ fourth annual review of climate risk reporting reveals a paradox: most U.S. insurers disclose climate risks, but the quality of those disclosure remains uneven.