For a Q&A article in the May 2024 issue of Financier Worldwide Magazine, Milliman consultants and industry attorneys discuss managing the risk and liabilities arising from per- and polyfluorinated substances (PFAS). Some of the topics discussed include:

• What extent is it possible to produce reasonable estimates and set reserves?
• What can be learned from asbestos settlements?
• What advantages may insurance companies gain from using exposure-based approaches to set reserves for PFAS liabilities?
• Where is the science most supportive of plaintiff claims of bodily injury?
• Are there specific coverage issues particular to PFAS claims that an insurer should be aware of?

This article was published by Financier Worldwide. Read the article here.