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.