Addressing the Protection Gap: Climate & COVID-19 Related Catastrophic Risks - SOLD OUT
Join us for a discussion on how Climate Change and COVID-19 will impact the Finance and Insurance Sectors with Harvard alum David Jones, MPP, JD ’88, Director of the Climate Risk Initiative at UC Berkeley and former California Insurance Commissioner.
- The growing frequency and severity of wildfires in California and the impact on insurance availability
- What US financial regulators ought to be doing to address climate risk
- Impact of COVID-19 on the insurance sector
HCSF Zoom Webinar (dial-in information will be sent on Monday, May 4 at noon to those who RSVP)
Please make sure you are all set to use Zoom before you join the conference (log-in the day before to try it out). The event will start on time. Click here to "GET STARTED" on ZOOM.
Monday, May 4, 2020 from 5pm - 6pm
(log-in begins at 4:45 pm)
EVENT WILL START ON TIME!
About the speaker:
Dave Jones is the Director of the Climate Risk Initiative at UC Berkeley’s Center for Law, Energy and the Environment (CLEE) and a Senior Fellow at The ClimateWorks Foundation.
He holds degrees from Harvard Law School (JD ‘88) and Harvard’s Kennedy School of Government (MPP ‘88) and in 1995 was awarded a White House Fellowship in recognition of his academic, civic and professional accomplishments.
Mr. Jones served two terms as California’s Insurance Commissioner from 2011 to 2018. He led the Department of Insurance and was responsible for regulating the largest insurance market in the United States where insurers collect $310 Billion a year in premiums and have $5.5 trillion in assets under management. He led the Department’s response to California’s increasingly deadly and destructive catastrophic wildfires, including the 2015 Butte and Valley Fires, the 2017 NorthBay and Thomas fires, and the 2018 Mendocino, Carr, Woolsey, and Camp Fires.
A national leader and expert on climate risk and insurance regulation, from 2011 to 2018 he led the implementation of the National Association of Insurance Commissioners (NAIC) Climate Risk Disclosure Survey of insurers. In 2016 he launched the Climate Risk Carbon Initiative which required insurers to disclose publicly their investments in coal, oil, gas and utilities. Concluding that there is a significant risk that coal investments will become “stranded assets” as markets and governments move away from burning coal consistent with the Paris Agreement, he asked insurers to divest their investments in coal. He was the first regulator to join the United Nations Environment Program’s (UNEP) Principals for Sustainable Insurance (PSI).
Prior to serving as Insurance Commissioner, he served in the California State Assembly (2004-2010), as a Sacramento City Councilmember (1999-2004), as Special Assistant and then Counsel to United States Attorney General Janet Reno (1995-1998) and provided free legal representation to low income families and individuals with the non-profit Legal Services of Northern California (1989-1995).