Insurance Goes Green
Insurers have new incentives to go green, thanks to a new law signed by California Governor. AB 1011 requires the state Department of Insurance to collect data from insurers on their greenhouse gas reductions and green investments as part of their community development investments. The information will be shared on the DOI Web site. Insurance companies that go green also may be eligible for a tax credit for qualified investments in low- and moderate-income urban and rural communities “It is the intent of the Legislature to provide an incentive in the form of California tax credits to attract much needed additional… Read More »Insurance Goes Green