Subscribe to this blog's feed

Categories

Archives

About

Blog powered by Typepad

Google

  • Google
    Google

    WWW
    insuranceclaimsbadfaith.typepad.com

Disclaimer

  • REMINDER: THE CONTENTS OF THIS BLOG DO NOT MAKE AN ATTORNEY-CLIENT OR OTHER PROFESSIONAL RELATIONSHIP. ALWAYS CONSULT THE CASES AND LAWS OF EACH PARTICULAR JURISDICTION AND AN ATTORNEY IN AND FAMILIAR WITH THE PARTICULAR JURISDICTION AND ITS LAWS, WHENEVER YOU TRY TO ADDRESS OR RESOLVE ANY LEGAL QUESTION.
    The information provided on this site is informational, only. We cannot represent, guarantee or warrant that the information contained in this site is appropriate for the usage of any particular reader. We are independent of cross links and do not warrant their accuracy or applicability. We are located in Florida and comply with all ethical rules of the Florida Bar. Some States may require the wording "This is an advertisement" or other words or information of this nature. Reading email or Comments, or replying to email or Comments, or accepting telephone calls or returning telephone calls shall not be considered legal advice. We require that all agreements for professional services be in writing and signed by Mr. Wall, the Firm and the client, whether for Legal Services, Consulting Services, or Expert Witness.

« EXPERTS AT WIND 2020 IN FIRST-PARTY INSURANCE CLAIMS -- ... | Main | PARTICULARIZED SHOWING OF COMPELLING REASONS TO SEAL CORPORATE POLICIES & PROCEDURES. »

February 04, 2020

"THINK THE SUBPRIME CRISIS IN 2008 WAS BAD?" BUCKLE UP!

"Imagine a real estate crisis caused by rising sea levels and coastal flooding that renders thousands of square miles of land uninhabitable or useless for farming." Think the catastrophe will be insurable? Or is it a known risk? Will the resulting damages be covered, will they be payable under any insurance policy?

Bankers think it is a known risk. See Jack Ewing, World's Banks Racing to Prepare for Climate Risks, NEW YORK TIMES, Friday, Jan. 24, 2020, at B3 (online access at your own risk, The New York Times may put up a paywall, depending).

What do you think?

Please read the disclaimer. ©2020 Dennis J. Wall. All rights reserved.

Posted by on February 04, 2020 at 05:49 AM in Catastrophe Claims |

Tags: #CatastropheClaims, #ClimateChange, #ClimateRisks, #CoastalFlooding, #CoveredDamages, #Dennis J. Wall, #Fortuitous, #InsurableRisks, #KnownRisk, #RisingSeaLevels, #SubprimeCrisis

Comments

The comments to this entry are closed.