DATE: Wednesday, May 31, 2023
TIME: 1:00 PM - 2:00 PM
ORGANIZER: Webinar Planet
Download links: SLIDE DECK and ARTICLE
This CLE webinar will guide counsel to companies seeking insurance recovery for Forever Chemical liabilities. The panel will offer strategies for recovery under general liability and specialized insurance policies when Forever Chemical liabilities arise.
Environmental liabilities arising out of historic use of “forever chemicals” and related costs could be a significant threat to a business's bottom line. Insurance coverage for expensive defense costs and potential indemnity could be a crucial source for recovery.
Insurance recovery to offset costs of “forever chemical” liability can be difficult, and policyholders face significant hurdles. Policyholders may have to determine which policy or policies may cover defense and indemnity. A variety of pollution exclusions need to be compared to the allegations against a policyholder and analyzed.
Defense costs can be considerable. Defense costs may be covered even if indemnity is not. What consultants and defense activities qualify as defense costs and what is and is not covered as a defense cost may make a big difference in your recovery.
We will provide tactics for policyholders of general liability insurance policies and specialized policies to maximize recovery. We will examine the factors that should be considered, including a variety of exclusions, when evaluating insurance policies for recovery.