Climate Change Insurance — Are You Covered?

Law360, New York (December 10, 2010, 12:56 PM EST) -- According to the Munich Climate Insurance Initiative, an international effort of Munich Re, the U.N., World Bank and other experts:

"[C]limatic change is already influencing the frequency and intensity of natural catastrophes ... 2001 to 2004 were among the five warmest recorded worldwide since 1861 ... [S]ince the 1970s, major tropical storms both in the Atlantic and the Pacific region have increased in duration and intensity by about 50 percent ...

"If the scientific global climate models are accurate, the present problems will be magnified in...
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