A few years ago, clients asked Peter L. Gray if climate change was real.
These days, the McKenna Long & Aldridge attorney in Washington fields questions about the business and law of climate change, not the science. Take his insurance clients. They want to know what they should do to mitigate litigation risks, what new regulatory reporting is in the offing as well as how to prepare new products that recognize the opportunity side of climate change. Like other sectors of clients, said Gray, insurance companies are “looking at not just how to survive, but to thrive” as climate change shapes a new agenda in business, the regulatory arena and politics.
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