The D.C. Circuit's refusal to overturn a federal designation of two forever chemicals as hazardous substances under federal Superfund law means continued legal exposure for policyholders and their insurers, coverage experts told Law360.
As the Iran war reaches the six-month mark, insurance experts weigh coverage options for shipping companies experiencing financial constraints due to the disruption in the Strait of Hormuz.
A statewide operation in Hawaii to assess and repair damage to reefs from Hurricane Lala is being backed by funds connected to a novel parametric insurance policy triggered by the storm's speeds. Eric Roberts, a senior manager at The Nature Conservancy who helped coordinate the purchase of the policy four years ago, told Law360 that the field is making considerable strides, even as significant challenges remain to funding other programs like Hawaii's.