Fracking: Pollution liability coverage could be inadequate

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By Richard Soulsby, Jason B. Kurtz | 17 July 2011

In a disaster scenario involving hydraulic fracturing, comparable historical pollution events show pollution liability limits could be dwarfed by claims. In this Best's Insurance News video, Milliman consulting actuaries Richard Soulsby and Jason Kurtz, co-authors of Fracking: Considerations for risk management and financing, discuss why industry regulators should require companies to have sufficient insurance or other financial resources to cover the costs of these types of events.

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