Chubb Spends Millions on Event Marred by its Role In Climate Chaos
***Photos of the action can be found here***
New York, NY — September 9 2025 — Rainforest Action Network (RAN) and its partners disrupted Chubb’s “Chubb Day” at the U.S. Open, exposing the insurer’s continued backing of fossil fuel projects. Chubb, one of the world’s largest insurers of fossil fuels, spends millions on the tournament to court elite clients and bolster its brand while neglecting to explain its role in expanding climate risk.
Dressed in tennis-inspired outfits, RAN inflated a massive head of CEO Evan Greenberg and flyered 1,000 spectators – many of whom are Chubb customers. Spectators and Chubb clients engaged with the campaign, surprised to learn that Chubb has a lot of work to do on safeguarding the public from climate risk. For example, residents near Freeport LNG, a Chubb insured facility in Texas, believe the methane export facility has not undertaken necessary safety measures following an explosion that rocked the community.
“The U.S. Open is Chubb’s showcase, but we exposed the reality: their underwriting fuels climate chaos,” said Mary Jo Lovell, a Senior Organizer with Rainforest Action Network.
The next day, the activists hosted a community town hall with New York Communities for Change in Manhattan with local partners to discuss the affordability and equity crisis in the insurance industry. The event spotlighted the Insure Our Communities Act, a New York bill that would stop insurers from backing fossil fuels, require transparency, and end discriminatory practices.
“From Wall Street to Flushing Meadows, the pressure is building on Chubb to choose people over polluters,” said Liv Senghor, NY Campaigns Manager at Stop the Money Pipeline.
Chubb made an estimated $750 million dollars in fossil fuel premiums last year, according to a new report released last week. Insurers blame climate disasters for increasing insurance premiums. Climate activists point out that the companies still insure fossil fuel projects, the very industry driving the rapid acceleration of climate disasters.
Chubb has made history as the first US insurer to restrict coal coverage and for certain oil and gas projects. Yet these policies only rule out a fraction of fossil fuel expansion projects. Chubb is not yet aligned with a 1.5˚C pathway and remains far from global best practice for coal, oil, and gas policies among insurers. Under its policy Chubb can still continue underwriting many new oil and gas projects, as well as companies exploring for and developing new fossil reserves.
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