State-driven initiatives to address pollution issues, such as those in New Jersey and California, are putting pressure on businesses to clean up their act. The Biden administration has also rolled out a comprehensive federal environmental justice enforcement strategy, including the creation of a new office for environmental justice.
Our Director of Complex Claims, Daniel Singerman, urges companies to consider their exposure to pollution liabilities amid this strong push for environmental justice. “Leaders are more actively enforcing environmental regulations, which means you’re more likely to be brought into these claims,” Singerman told Insurance Business.
Long-tail environmental liabilities are some of the most challenging risks to cover for companies operating in the US. Agents and brokers must be prepared with options if their client is dealing with old pollution liabilities without appropriate coverage.
Read the full article on https://www.insurancebusinessmag.com/us/news/environmental/how-can-brokers-help-clients-who-face-longtail-pollution-liabilities-420464.aspx
