IUA: businesses “dangerously exposed” to new environmental laws
Businesses relying on traditional public liability policies to insure against environmental risks may be “dangerously exposed” to new laws designed to make polluters pay for damage, according to the International Underwriting Association.
A new industry guide ‘Environmental Risks: insured or not?’ states that the gap between traditional insurance cover and the range of environmental liability exposure has become uncomfortably wide -
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