Trans Mountain insurer and Lloyd’s of London syndicate Argo Group has pledged to cut ties with the existing Trans Mountain tar sands pipeline when its current insurance policy expires on August 31, 2021, and to not insure the Trans Mountain Expansion Project. Following the Canadian authorities’ decision to hide the project’s insurance backers from public scrutiny, Argo is the first insurer to drop the pipeline in this year’s round of policy renewals, joining more than ten insurance companies that have vowed not to touch Trans Mountain.

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