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LMA committee warns on upcoming tide of “substantive” climate change rulings - Re-Insurance.com

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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

State of Play

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.

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