Climate Change And Insurance: Insurers' Subrogation Claims
Law360 (July 12, 2019, 2:30 PM EDT) -- This is the fifth of six articles addressing climate change lawsuits in the context of (re)insurance.
In previous articles in this series, we have discussed the litigation risks faced by liability insurers as a result of recent U.S. and foreign climate change lawsuits, where private and government plaintiffs are seeking to hold policyholders such as gas and oil companies responsible for climate-related damages caused by greenhouse gas emissions, and other climate-related exposures affecting the (re)insurance industry.
In this article, we discuss an anticipated second wave of climate change litigation involving insurance companies: subrogation claims brought by first-party property insurers against producers...
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