New Litagion agent profiles for fiberglass and vinyl chloride
New themes summarizing CoMeta content related to Praedicat's "nine newly known unknown" emerging risks for 2020, 2021, and 2022
New blog content: "Casualty underwriting: The original ESG"
Updated Litagion agent and company profiles impacted by newly published peer-reviewed science and newly gathered company information
Fiberglass. Fiberglass consists of a plastic matrix reinforced with glass fibers. First developed in the 1930s, fiberglass is strong, durable, corrosion resistant, and yet lightweight, flexible, and moldable. Fiberglass is commonly used as a thermal, electrical, and acoustic insulating material but has many other applications such as in the manufacture of aircraft, boats, automobiles, bath tubs, swimming pools, hot tubs, septic tanks, water tanks, roofing shingles, ceiling tiles, pipes, ducting, cladding, orthopedic casts, sporting equipment, and printed circuit boards.
Vinyl chloride. Vinyl chloride [CAS No. 75-01-4] is a colorless, flammable gas primarily used as a chemical intermediate in the production of polyvinyl chloride (PVC). PVC is used in a wide range of products including pipes, wire and cable coatings, packaging materials, vehicle and furniture upholstery, wall coverings, flooring, carpet backing, house wares, automotive parts, medical devices, and children’s toys. Due to its toxicity, vinyl chloride in its monomer form is not used directly in the manufacture of end products. Industrial releases and the breakdown of other chlorinated chemicals in the environment can result in the contamination of air and water with vinyl chloride.
Nine newly known unknowns: 2020, 2021, and 2022 editions. Each year Praedicat highlights nine emerging risks for casualty underwriting and exposure management. The risks span the emerging risk life cycle from “emerging interest” when scientific study has just begun to “emerging damage” when the accumulation of scientific evidence has significantly raised the likelihood of future litigation to “emerging litigation” when bodily injury and property damage litigation is underway. The “newly known unknown” moniker alludes to Praedicat’s central goal of turning the “unknown unknown” keeping casualty executives up at night into the “known unknown” that they can profitably underwrite.