A Law360 article overviewing various climate change-related initiatives in the insurance noted Anderson Kill's launch of a Climate Change and Disaster Recovery Group:

Researchers said regulators should consider the impact of such litigation on the balance sheets of insurers when determining how much money companies are required to hold so they can still pay out claims in the event of a natural disaster.

Anticipating that impact, law firms already have set up dedicated recovery practices.

New York-based Anderson Kill PC launched a climate change and disaster recovery practice and appointed three attorneys to lead the group, the firm said Monday.

The group will represent clients seeking coverage for climate change-related claims, including failures to disclose risks of damage as well as contributions to the crisis. A similar group exists in the severe weather emergency recovery team at Blank Rome.

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