1. INSURANCE:
A tempest rages among insurers and regulators over climate risks

MADISON, Wis. -- Insurers argued strenuously against revealing their internal efforts to address climate change last week, saying the science is too vague, criticizing regulators for overstepping their role and claiming that the plan is powered by environmentalist crusaders. The backlash came as a core group of regulators coalesced around a draft of nine disclosures that appears to be heading for adoption in September by the National Association of Insurance Commissioners. It would mark the first time U.S. insurers would face mandatory requirements to reveal their plans for potentially stronger hurricanes, more floods and frequent wildfires. Go to story #1