Companies in certain industries have years and even decades of experience in defending and resolving “long-tail” liabilities for suits, claims and other proceedings—such as for asbestos-related disease or environmental-related third-party property damage—that involve bodily injuries or property damage spanning multiple years arising out of their historical operations. Insureds who have faced such claims also have … Continue reading What Policyholders Should Know About Their Insurance When a “New” Long-Tail Risk Emerges: A Practical Checklist