Insurance companies are taking a closer look at potential risks of loss due to climate change. They are being asked by their governing bodies to evaluate exposure to losses as a result of weather related calamities, including wildfires, floods and wind damage. They are also being asked to better engage customers and policyholders on the issue of global warming and plans for reducing personal losses as a result of catastrophes. Travelers Insurance is ahead of the game, having created a green building policy for small business owners and premium discounts for hybrid vehicle owners. The green building policy will provide coverage for owners that have had losses, to rebuild, renovate or replace with green building practices.