Climate Exposure
Submitted by meacott on Mon, 2011-12-19 17:03While the policyholder was left adrift by Steadfast, the climate change insurance ship certainly hasn’t sailed.
On Sept. 16, 2011, the Supreme Court of Virginia became the highest state court in the country to rule on the issue of insurance coverage for climate-change claims under a general liability policy. In AES Corp. v. Steadfast Ins.