Climate Change is Coming to You: Are Climate-Change Claims Covered?
The Earth's climate is changing, resulting in increased risk of wildfires, floods, droughts, melting sea ice, and more. These events, in turn, may cause injury and result in claims against energy companies alleging that the companies' activities caused the climate-change effects. Are such claims covered by insurance?
In this 40-minute video, recorded at the 2021 IRMI Energy Risk and Insurance Conference (ERIC), a panel of energy risk management experts discusses coverage issues arising from climate change allegations, the legal landscape, and what the future may hold for the coverage of such claims.
Energy Risk Management: Are Climate-Change Claims Covered?