PUBLISHED ON: September 10, 2009
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With a new administration in Washington, environmental regulatory enforcement is expected to increase. While the insurance industry has responded with new specialty insurance products aimed at environmental risks, the utility of these products and the framing of potential claim disputes remains the subject of speculation. This will likely cause conflicts between corporate policyholders and the insurance industry as insurers struggle to properly underwrite these risks under the shadow of new regulations and a shifting set of national priorities.