PFAS News
PFAS, Microplastics, Baby Food: Emerging Casualty Risks Keep Coming
There is no longer a need to ponder the "next asbestos" because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is ...
Who Will Be Sued? Praedicat Scores Ease Underwriting for Emerging Risks
Last week, Praedicat, a liability risk analytics company, announced that it launched a new Company Risk Score designed to simplify the underwriting of complex emerging risks for liability insurance. ...
PFAS Litigation Levels Already at Epic Proportions
Mass litigation is every casualty insurer's worst nightmare, conjuring up memories of the unending flow of asbestos litigation and the devastating effect it had on the industry. Today, though, we're ...
8 Emerging Risks to Watch: Flooding, Toxins, Solar Panel Waste
Even the most vigilant insurers and reinsurers scanning the risk landscape for potential future liability problems are likely to fall into landmines. What insurance risks of the immediate or distant ...
Risk Alerts: Gender Reveal May Have Caused Wildfire, Death of Firefighter
Despite numerous reports of destruction and even death, many couples still insist on throwing elaborate and risky gender reveal parties—often with unintended consequences. Carrier Management first ...
Praedicat, AIR Worldwide Announce Updates
In separate announcements, InsurTech Praedicat and Verisk's catastrophe modeling firm AIR Worldwide and unveiled changes to key products recently. Praedicat updated the litigation tracker in its ...
Foam With ‘Forever Chemicals’ Used to Put Out Chemical Plant Fire
A company hired to help extinguish a fire that gutted a northern Illinois chemical plant last week used foam containing toxic compounds that have tainted surface waters and groundwater across the ...
Are Forever Chemicals a Forever Problem for Insurers?
Much discussion of casualty catastrophe is consumed with talk of the "next asbestos," the $100 billion insurance loss caused by a ubiquitous mineral used for insulation and other products that is now ...