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While there are few truly new products in the environmental marketplace, the biggest factor now is the wide availability of many products that were once innovative and hard to find. Combined commercial general liability, environmental-impairment liability and contractors’ pollution liability, for example, were once available from only one or two carriers but can now be found from many companies. Products pollution, either as part of the aforementioned or on a standalone basis, is now widely available. Of course, the real issue raised is not “are the coverages out there?” but rather “is the carrier offering quality products?”
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The Future of P&C Insurance: The Race to Contain Costs Amid Rising Catastrophic Losses
The P&C insurance sector is currently facing challenges. This eBook outlines the most pressing problems, the most promising solutions, and a few examples of these principles in action.
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