With regulatory back-and-forth under different administrations, insurers face challenges in risk assessment, pricing and capacity, expert says
Evolving environmental regulations will add complexity to underwriting and pricing site specific environmental liability insurance.
The shifting policy landscape – ranging from Biden’s stricter environmental measures to Trump’s recent push for deregulation – creates uncertainty, making it more challenging for underwriters to accurately assess risk, according to Tanya Andolsen (pictured), president of Argosy Risk Specialists.