|survey in 2009 of legal and insurance experts|
about sentiment of increase of legal claims
directly related to climate change by 2020
The study also assesses whether insurance companies regard the five major legal obstacles as surmountable in time (which is the case) and how insurance companies should react to the risk of litigation. The majority of participants to the survey expect the first lawsuits to be successful before the end of 2015. “Public nuisance, negligence and private nuisance are considered the most promising tracks for damages cases by survey participants.”
The report sees legal possibilities in “the US, other common law countries (such as the UK, Canada and Australia), European civil law countries (such as France and Germany), and developing countries where damage is suffered or threatened. The legal issues that arise will differ between, and amongst, these groups.”
More on this topic at www.climate-mainstreaming.net/litrisk.pdf.
Update: Possible threats for insurance companies explained here