Opposition to US climate change legislation gathers pace

The American Petroleum Institute (API) has stepped up efforts to dissuade US Senators from passing cap-and-trade legislation in September.

The Senate is due to consider climate change legislation after the American Clean Energy and Security Act (also called the Waxman-Markey bill, after its co-creators) was passed by the House of Representatives on June 26, 2009. In its current form, the bill would establish a carbon cap-and-trade scheme, among other initiatives designed to promote greater energy efficiency, as well as the development of low-carbon alternatives.

In a report released today, the API, a national trade association for

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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