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Global Warming: Will There Be Exposure for Directors and Officers and Will It Be Covered?
Authors:Joseph P Monteleone MA  JD
Abstract:This article will explore the potential legal liabilities of corporate officers and directors due to the effects of global warming on the business of their corporation, as well as the insurance coverage issues likely to arise under directors' and officers' (D&O) liability policies in light of those liabilities. The article focuses particularly on the pollution exclusion and the bodily injury and property damage exclusions, and also explores scenarios that may engender attempts by insurers to rescind the policy.
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