Climate Change and Insurance: Recent Litigation and Regulatory Developments
Navigating the Impact of Climate Change on Coverage Issues, Green Insurance, Supply Chains and More
Recording of a 90-minute CLE webinar with Q&A
This CLE course will provide insurance counsel a review of claims over climate change losses and discuss the latest developments in federal and state statutory and regulatory initiatives impacting natural disaster losses due to climate change. The panel will explain specific insurance coverage issues attendant with climate change losses.
- Climate change and insurance overview
Climate change-related tort litigation background and update
- Kivalina v. ExxonMobil (Supreme Court petition), Comer v. Murphy Oil (return to Fifth Circuit)
- Causes of action/defenses
Climate change coverage cases — background
- AES Corp. v. Steadfast Ins. Co. (Va. 2012)
- What was decided and what questions were left for another day — occurrence, expected and intended, pollution exclusion
Recent statutory and regulatory developments
- Who is EPA regulating?
- National Flood Insurance Program reforms
- FEMA rules on rebuilding after extreme weather events
- Local rules on rebuilding after extreme weather events
- Insurability of property on coastlines, other areas impacted by climate change
Potential types of claims and insurance coverage issues
Types of claims
- Property/business interruption
- Political risk
Coverage issues — examples
- Pollution exclusion
- Wind/flood/anti-concurrent causation
- Types of claims
New products – examples
- Renewable energy
- D&O extension
- Green building replacement
The panel will review these and other key questions:
- What types of insurance could be involved in climate change-related claims?
- What is the status of climate change-related tort litigation?
- Aside from the question of liability for climate change-related torts, what are some of the other insurance and climate change-related concerns for companies?
- What coverage issues did the Virginia Supreme Court address in the AES Corp. v. Steadfast Ins. Co. case and which questions were left for another day?
- What is the relevance of the pollution exclusion in this context?
- What new products are available?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Christina M. Carroll
McKenna Long & Aldridge
She is co-chair of MLA’s firm-wide Climate, Energy, and Sustainability Initiative. She focuses on complex... | Read More
She is co-chair of MLA’s firm-wide Climate, Energy, and Sustainability Initiative. She focuses on complex litigation, including insurance, toxic tort, environmental and commercial litigation. She represents insurers in coverage and bad faith disputes and counsels them on emerging risks including the risks and opportunities associated with climate change, hydraulic fracturing, and greenwashing. She represents regulated businesses and government contractors facing property damage, NRD and CERCLA claims. She is a co-author of Climate Change and Insurance published by the ABA.Close
J. Wylie Donald
McCarter & English
He counsels and litigates for clients on insurance coverage, environmental and products liability matters. He is... | Read More
He counsels and litigates for clients on insurance coverage, environmental and products liability matters. He is also a member of the firm's Environmental Group and he chairs the firm's Climate Change and Renewable Energy Practice. His article, Climate Change and the D&O Pollution Exclusion, is one of the first to extrapolate climate change legal impacts outside of the regulatory area.Close