Alaska hits back at insurers accused of using ‘woke’ underwriting to reshape energy policy as ANWR reopens

By Fox News · Fox News

EXCLUSIVE : The state of Alaska sent warning letters Monday to four major insurance firms, saying their climate-related policies may violate state insurance and consumer-protection laws by creating an uneven playing field for energy projects. The news comes as Alaska’s congressional delegation led a successful effort to disapprove – or overturn – Biden-era restrictions placed on energy exploration in Section 1002 of the Arctic National Wildlife Refuge (ANWR) on Thursday, effectively lifting those restrictions. Alaska Attorney General Stephen Cox and Commerce Commissioner Julie Sande warned AIG, Zurich, Chubb and The Hartford that some of their policies may conflict with state rules designed to protect Alaska’s status as a leading investment destination, particularly for energy production. "Alaska’s insurance code is built on a central premise: underwriting decisions must rest on risk, and that means no discrimination based on extra-legal political, environmental, or long-range policy commitments," the beginning of each of the four letters read. CLIMATE LAWFARE CAMPAIGN DEALT BLOW IN SOUTH CAROLINA "And where the insurance code doesn’t reach, our consumer-protection statute prohibits unfair or deceptive acts or practices, which could include misrepresentations of compliance with Alaska law in contractual dealings." Alaska Gov. Mike Dunleavy told Fox News Digital his administration is taking a close look at "friction points" that may make it harder to build things in the Last Frontier. "With respect to how our projects get insured, we’re concerned that some of the underwriting standards being applied today—particularly broad Arctic exclusions and long-range climate-driven policy restrictions—may be shutting out responsible Alaska projects for reasons that have nothing to do with actual risk," he said. TRUMP ADMIN IMPLODES LITERAL BIDEN ROADBLOCK WITH POTENTIAL TO UNLEASH MAJOR MINING WINDFALL Dunleavy said the letters are foremost meant to start a dialogue with the f…