Is PFAS The Next Asbestos?
Per- and polyfluoroalkyl substances (PFAS), commonly referred to as “forever chemicals,” have rapidly evolved from a niche environmental concern into one of the most significant emerging risks in the insurance marketplace.
Insurers Opting Out
In recent years, carriers have responded aggressively by introducing broad, standardized exclusions that now leave many businesses exposed in ways they may not fully understand. For brokers, risk managers and business owners alike, PFAS is no longer a theoretical issue. It is an active underwriting concern and increasing as a major gap in coverage. Laundry operators must understand how PFAS impacts liability and pollution policies ...
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