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Insurance industry must answer climate change disclosures

  • Gardere Wynne Sewell LLP
  • -
  • USA
  • -
  • July 1 2009

Currently only 15 percent of U.S. insurers surveyed discussed climate change in 10K filings, compared to 100 percent of electric utilities and 78 percent of oil companies

NAIC climate change disclosure survey

  • Gardere Wynne Sewell LLP
  • -
  • USA
  • -
  • April 27 2009

At the NAIC March 2009 meeting, the commissioners voted to require large insurers and reinsurers to complete an "Insurer Climate Risk Disclosure Survey" through which they disclose the strategies they are using to address climate change related risks

Insurer says it will exclude coverage for nanotechnology risks

  • Gardere Wynne Sewell LLP
  • -
  • USA
  • -
  • October 20 2008

The Continental Western Insurance Group says that, starting Nov. 15, 2008, its insurance will no longer cover bodily injury, property damage, or personal and advertising injury from nanotubes or nanotechnology in any form

Insured’s environmental claims not time barred under policy language

  • Gardere Wynne Sewell LLP
  • -
  • USA
  • -
  • July 31 2008

In Charter Int'l. Oil Co.v. Travelers Casualty and Surety Co., No. 06-324 (D.R.I., June 9, 2008), the Rhode Island federal district court held that the state's 10 year limitations period did not expire even though the insured waited 14 years to file a lawsuit after entering an agreement with the state to clean up the covered property