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Environmental insurers face a rough environment

Agents need to keep an eye on carrier quality in order to protect their clients.

By Ursula Knowles | Updated on June 01, 2016

Over the past decade, there have been numerous disruptions, including insolvency, exiting of capacity, reduction of policy terms, and elimination of products in the Environmental insurance market.

This has created opportunities for some carriers that never offered Environmental insurance to step in and begin to offer coverage that they did not previously have in their portfolio of products. Although in the short term this may bode well for clients seeking Environmental insurance, in the long run this may cause additional fluctuations in the Environmental insurance marketplace.

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