Support HR 4888 for Transparent, Eco-Friendly Insurance Practices

I am writing to you as a concerned citizen to express my unwavering support for HR 4888, the Pollution Portfolio Disclosure Act, introduced by Reps. Rashida Tlaib (D-MI) and Adam Schiff (D-CA). This pivotal legislation aims to bring much-needed transparency to the insurance industry's investment practices, particularly concerning their contributions to fossil fuel projects. As we navigate the increasingly apparent consequences of climate change, it is essential that we hold all sectors accountable for their roles in perpetuating environmental risks. Insurance companies, which should serve as protectors of our communities against unforeseen disasters, are ironically fueling the crisis through substantial investments in coal, oil, gas projects, and other fossil fuels. These actions not only exacerbate the climate crisis but also betray the trust of consumers who rely on these companies for support in times of need. HR 4888 proposes that insurance companies with annual premiums over $100 million disclose their investments and underwritings related to fossil fuels. This requirement for disclosures to be easily accessible and searchable online is a step in the right direction, empowering Americans to make informed decisions about their insurance coverage and support companies that align with sustainable practices. The irony of insurers profiting from the very crisis they are insured against, while simultaneously abandoning vulnerable communities, underscores the urgent need for this legislation. By supporting HR 4888, we can illuminate the shadowy practices of these insurers, paving the way for a more accountable and environmentally responsible industry. I urge you to co-sponsor HR 4888 and champion this cause in Congress. Your support for this bill will not only reflect a commitment to tackling the climate crisis but also to protecting and informing your constituents. We have the right to know how our choices, including our selection of insurance providers, impact the environment and our collective future. Thank you for considering my views on this critical matter. I look forward to your support for HR 4888 and your continued dedication to environmental stewardship.