Finance
Dumping Coal Can Be Good for Insurance Company Stock
Their valuation can see a bump, analysts say. As for coal producers, no more insurance may mean no more mining.
Heavy dump trucks mine coal at the Arch Coal Inc. Vindex surface mine in Frostburg, Maryland.
Photographer: Bloomberg
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As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is the most important thing they can do. No more insurance, no more coal.