Energy Risk Climate Change Claims

VIDEO: ENERGY RISK MANAGEMENT

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 coverage of such claims. 


Video: Climate Change Is Coming to You: Are Climate-Change Claims Covered?

 


About the Speakers

karen-aldama

Karen Scherner Aldama
Partner | Perkins Coie LLP
[email protected]

Ms. Aldama is a commercial litigator who focuses on complex insurance recovery matters. She has represented policyholders on many complex issues, including issues related to disaster recovery and those arising in successful London arbitrations under the Bermuda Form. Ms. Aldama also has extensive experience with complex commercial and appellate litigation in both federal and state courts, as well as with alternative dispute resolution both domestically and in the cross-border context.
mary-rose-hughes

Mary Rose Hughes
Of Counsel | Perkins Coie LLP
[email protected]

 

Ms. Hughes has extensive experience representing corporate clients in state and federal courts and in state regulatory proceedings and arbitrations throughout the United States and has represented policyholders in the energy industry, including in successful London arbitrations under the Bermuda Form. Ms. Hughes cofounded the firm’s electronic discovery practice. Previously, she served as the US Department of State deputy assistant secretary of state for environmental, health, and natural resources, where she managed international environmental negotiations and chaired the US-Panama Joint Committee on the Environment.
tony-rooke

Tony Rooke
Director, Climate Transition Risk | Willis Towers Watson
[email protected]

Mr. Rooke joined Willis Towers Watson's Climate and Resilience Hub in 2020 from CDP, where he was global director for disclosure. He has more than 23 years of global experience in climate change, sustainability, advisory, and program delivery. Mr. Rooke leads corporate transition strategies, the Task Force on Climate-Related Disclosures (TFCD), and the development of new climate insurance products. He also serves on the Bank of England's Climate Financial Risk Forum banking scenario analysis working group.
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