Taking the Market's Temperature on Coverage for Climate Change-Related Liabilities.

The article discusses the impact of climate change on insurance coverage for climate-related liabilities. It highlights the challenges faced by insurers in accurately assessing their exposure to increasingly volatile weather patterns. Insurers have started using temperature exclusions to limit coverage for losses caused by extreme temperatures, but the interpretation of these exclusions is ambiguous and varies among insurers and courts. The article also examines the issue of whether greenhouse gases can be considered pollutants under pollution exclusions in insurance policies. The outcome of ongoing litigation related to these issues will have implications for insurers and policyholders in the future. [Extracted from the article]