Insurers Look To Shift Liability, Costs, of Natural - TopicsExpress



          

Insurers Look To Shift Liability, Costs, of Natural Disasters from: Todays General Counsel June 2, 2014 Class action suits filed by Farmers Insurance against 200 Chicago-area communities, alleging local governments have failed to properly prepare for increased rain as a result of climate change, may signal a new strategy by insurers in the face of natural disasters. Transferring even a portion of these costs to government would create an enormous burden, one that would be impossible to sustain.
Posted on: Mon, 09 Jun 2014 20:15:23 +0000

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