10/12/2024

News

State AG, others blast California insurance regulator’s call to divest from coal

Oklahoma Attorney General Mike Hunter and fellow Republican attorneys general in 11 other states want to stop an effort by a California regulator to get insurance companies operating in that state to divest from coal and disclose their fossil fuel investments. Hunter and the attorneys general — as well as one governor — sent a letter Monday to California Insurance Commissioner Dave Jones accusing him of trying to “publicly shame those who invest in American energy.” The letter threatens legal action if Jones doesn’t revise his policies.

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