PFAS ‘forever chemicals’: The next asbestos for insurers?
Throughout the insurance industry, the nation and even world, the health risks and liabilities surrounding per- and polyfluoroalkyl substances (“PFAS”) are rising at a fever pitch.
In use since the 1940s, PFAS consists of approximately 4,000 separate chemicals and compounds. They’ve been widely used in such products as non-stick cookware (Teflon), floor wax, fabrics, coatings, firefighting foams, soap, architectural resins, cosmetics, sandwich wrappers and a vast number of consumer products. Read more.