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PFAS: How Far Do They Reach?
Manage episode 462330201 series 2822097
Could "forever chemicals" like PFAS be the new asbestos for the insurance industry? Join us on the Placing You First podcast as we unpack this pressing issue with CRC Environmental Broker Sean McLaughlin. We explore how these persistent chemicals infiltrate our everyday lives, from kitchen cookware to essential firefighting gear, raising alarming health concerns. Listen as we navigate the complexities of managing PFAS risks and insurance challenges. We discuss the proactive measures clients can take to address PFAS exposure and the critical role wholesale brokers play in managing expectations and ensuring proper coverage.
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Chapters
1. PFAS: How Far Do They Reach? (00:00:00)
2. What are PFAS and why are they called 'forever chemicals?' (00:01:20)
3. Are there some new places PFAS are starting to come to light? (00:03:03)
4. What does the recent $10.3 billion 3M settlement mean for other industries? (00:05:48)
5. What’s the ripple effect for smaller businesses? (00:08:27)
6. PFAS is being called the 'new asbestos' for insurers. What does that mean? (00:11:10)
7. Are there proactive steps brokers and insureds can take and how does a wholesale broker fit into the process? (00:13:01)
8. What’s the key message for listeners? (00:15:37)
9. Rapid Fire! (00:16:43)
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