Court Says Insurance Doesn’t Cover Global Warming
An appeals court in Virginia has ruled that insurance companies do not have to cover situations that are due to claims stemming from global warming. This is the first case of its kind, and can be viewed as creating a precedent for future insurance claims that have to do with damages or lawsuits involving damages caused by global warming. Should an insurance policy pay out on damages or liability issues due to global warming? This is a question that really hasn’t been considered in the past. It is being considered now because of a particular lawsuit. It is entirely possible … Continue reading