Rising Risks of PFAS Claims and Litigation Capture New Attention [from AM Best]

marindependent

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"On High Alert: Risking Risks of" So Called Forever Chemicals:
  • LORI CHORDAS
  • APRIL 2021
  • AM Best
Some industry experts are seeing parallels between PFAS risk and asbestos litigation that for years hit insurers hard. Insurers are now reacting by creating stand-alone products and adding PFAS-related policy exclusions for losses stemming from drinking water contamination, environmental remediation, and products liability and bodily injury claims related to the “forever chemicals.”
 

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