The cleanup and liability issues linked to per- and polyfluoroalkyl substances ("PFAS") could become 'the next asbestos' in terms of claims and costs. (ALM Media archives)
Throughout the insurance industry, the nation and even world, the health risks and liabilities surrounding per- and polyfluoroalkyl substances ("PFAS") are rising at a fever pitch.
In use since the 1940s, PFAS consists of approximately 4,000 separate chemicals and compounds. They've been widely used in such products as non-stick cookware (Teflon), floor wax, fabrics, coatings, firefighting foams, soap, architectural resins, cosmetics, sandwich wrappers and a vast number of consumer products.
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