Climate Change And Insurance: Litigation Risks For Insurers
Law360 (January 23, 2019, 12:40 PM EST) -- This is the first of six articles that address climate change lawsuits in the context of (re)insurance. This article reviews the recent U.S. and foreign climate change lawsuits and offers suggestions to liability (re)insurers for responding proactively to climate change claims and related coverage litigation.
Over the past few years, a number of lawsuits seeking damages related to climate change have been brought in the U.S. and abroad. Most of these lawsuits target large oil and gas companies. Many of the high-profile lawsuits are nuisance claims but some allege misrepresentation of financial information in the context of climate change. How should...
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