LMA committee warns on upcoming tide of “substantive” climate change rulings - Re-Insurance.com
LMA committee warns on upcoming tide of “substantive” climate change rulings | The Insurer
LMA committee warns on upcoming tide of “substantive” climate change rulings
An upcoming tide of “substantive rulings” in US state courts over climate change-related litigation will see policyholders increasingly push for coverage confirmation from liability insurers, according to the first meeting of the Lloyd’s Market Association’s environmental committee.
Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.