Climate Change
Homeowners Sue Oil Companies as Climate Damage Drives up Insurance Rates
The class-action lawsuit is the first of its kind to target Big Oil over rising home insurance costs.
Two homeowners in Washington state who have seen sharp increases in their home insurance premiums in recent years have brought a new lawsuit against major oil and gas companies—the first of its kind aiming to hold Big Oil responsible for climate-related spikes in insurance costs.
Homeowners Sue Oil Companies as Climate Damage Drives up Insurance Rates