PFAS Insurance Coverage
Per- and polyfluoroalkyl substances (PFAS) are human-made chemicals that include PFOA, PFOS, GenX, and other chemicals. PFAS have been used since the 1940s. Since then, thousands of PFAS compounds have been manufactured, distributed, and sold. PFAS require complex and expensive remediation and do not degrade, leading many to refer to them as “forever chemicals.”
Why are PFAS a Problem?
According to the EPA, certain PFAS can accumulate and stay in the body for long periods of time. Additionally, some litigation has alleged that exposure to PFAS can lead to adverse health outcomes. Federal, state, and local governments are beginning to take action against PFAS contamination, and there has been an increase in litigation activity.
Remediating PFAS contamination can be complicated and expensive. If your organization makes products that contain PFAS, you should be aware of the increased regulatory and private litigation activity surrounding these chemicals. You should work with their insurance advisor to understand your coverage and to ensure that they understand how PFAS are used in your business. An insurance advisor can help you understand the types of claims that might arise from PFAS along with the coverage options that can provide protection. An advisor can also review your current General Liability and Pollution policies to assess what coverage you have in place.
RBN Can Help
RBN acts as your trusted insurance advisor in the ever-changing legislative landscape to make sure you and your business are protected. Contact RBN today to learn more about PFAS and insurance coverage options.