beale & co – TEMPERATURE STILL RISING: US ANTITRUST BACKLASH CONTINUES AGAINST INSURERS’ CLIMATE INITIATIVES

In a previous article, Beale explored the challenges insurers face in achieving cooperative climate action while adhering to competition law compliance. Notably, two leading insurers withdrew from the NetZero Insurance Alliance (NZIA) due to concerns surrounding competition law implications. However, recent developments have raised additional concerns for UK-based businesses regarding antitrust laws and environmental, social, and governance (ESG) initiatives, particularly in light of US actions.