The rate of global mergers and acquisitions has seen a recent uptick, prompting a need for growing companies to review their global environmental liability strategies, says a report by Ace's retail operations group.
Fracking has ignited fierce debate about its true cost and associated risks. As a result, P&C insurers find themselves smack in the middle of conflicting scientific and political stances.
According to a report from insurance broker Marsh, the percentage of clients purchasing Pollution Legal Liability (PLL) and Contractors Pollution Liability (CPL) policies has increased: Nearly 10 percent more PLL policies were sold in 2011 compared to 2009.