INSIDER ENGAGE: The Looming Threat of Forever Chemicals
July 11, 2023
Insurance and risk-management professionals picked PFAS or “forever chemicals” as their top concern in Verisk’s 2023 Emerging Issues Bracket Challenge. As evidence of forever chemicals' potential harm continues to grow, so does litigation. While lawsuits so far have focused mostly on chemical manufacturers, litigation is continuing to spread to companies that work with forever chemicals. This can include companies making non-stick cookware, carpeting, firefighting foam, even raincoats. With settlements already reaching $1 billion, what should insurers be thinking about when it comes to forever chemicals? Insider Engage's Meg Green moderated a fascinating discussing featuring Mosaic's Head of Environmental Liability Jim Finnamore and other experts who explored the implications forever chemicals hold for insurers.