Insurers Exclude PFAS Due To Regulatory Uncertainty, Chilling Transactions

Responding to regulatory uncertainty, insurers have begun excluding coverage for both actual and potential contamination stemming from per- and polyfluoroalkyl substances (PFAS), a move that is killing transactions and can affect a wide array of industry sectors, according to an attorney who spoke at a recent environmental legal forum. Alexandra Farmer, a partner with the law firm Kirkland and Ellis, told the American Law Institute-Continuing Legal Education environmental law conference in Washington, D.C., Feb. 7 that significant regulatory uncertainty as...