Taken from the briefing Climate Change and Insurance: What's Ahead? recorded July, 2012.
Climate change has become a leading issue in scientific, political, and legal circles, and this has profound implications for insurance. As the science and politics continue to evolve, climate change continues to emerge as a risk. Emitters of greenhouse gases may face climate change-related claims, while insurers face potential enterprise liability and potential claims liability such as directors and officers, commercial general liability, environmental, and professional/E&O exposures. The intersection of climate change and insurance may extend to debates over sustainability, greenwashing, green building, and renewable energy. Thus, the area is ripe with risk and opportunity.
Our panel for this briefing includes Christina M. Carroll, and Joanne L. Zimolzak, who all are partners at McKenna Long & Aldridge LLP.
[Total Time: 01:06:15]
- The five phases applicable to analyzing an emerging risk and what the data suggests about the likely trajectory of climate change tort litigation
- The first climate change coverage claim (what was decided and not decided by AES)
- Recent climate change liability decisions and what lies ahead (e.g., AEP, Kivalina, Comer, public trust cases)
- Renewable energy (new products and applications of traditional coverages to new situations)
- Greenwashing (additional new claims or much ado about nothing)?
- Climate Change and Insurance: What's Ahead?
Christina M. Carroll, J. Randolph Evans, Joanne L. Zimolzak
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