New opportunities for P/C insurers open with green initiatives

07/27/2009 | PropertyCasualty360

The government's campaign to mitigate the effects of climate change with tougher policies and alternative energy solutions provides threats as well as opportunities for property/casualty insurers, according to industry analysts. Although new environment regulations and other green initiatives could result in increased exposure to liability claims, they also would create new insurable risks that insurers could explore such as offering coverage for green buildings and alternative energy sources, the analysts said.

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