Green-building construction poses new liability risk
Property/casualty insurers are refusing to cover a potential liability that may arise from constructing new buildings and other properties that do not comply with environmental efficiency standards. "There is certainly going to be litigation coming out soon around this issue, and insurance companies are waiting to see" the outcome before offering any coverage, an industry executive said.
Business Insurance | 11/02
This story published in PCI SmartBrief on 11/02/2009
More from SmartBrief:
P/C insurers set sights on claims technology, survey finds
Wednesday, July 29, 2009
Georgia's recent flooding prompts more than 16,000 damage claims
Thursday, September 24, 2009
Limited P/C reserves might prompt insurers to raise prices
Tuesday, July 28, 2009
Get stories like these delivered daily for FREE:
|
PCI SmartBrief
Designed specifically for property casualty insurers, PCI SmartBrief is a FREE, daily e-mail newsletter. By providing the latest policy and legal news, insurance trends and information, PCI SmartBrief saves you time and keeps you smart. Learn more |
