Article / Risk Management
5 Key Factors in the Environmental Insurance Market

Environmental exposures seem to be sprouting in new areas and insurers are worried about their costs. While the number of mold claims increases and new petroleum pipeline risks continue to emerge, the market remains soft. With more than 30 carriers and capacity exceeding $200 million, competition is healthy.

John Wasilchuk, Chicago-based vice president, environmental practice, for Lockton explains key factors in the environmental insurance market in Business Insurance

    
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