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Business Insurance Quotes Carl Pernicone in Hydrofracking Article

March 2, 2014

Carl Pernicone (Partner-New York) was quoted in a March 2, 2014, article in Business Insurance, entitled “Fracking risks evolve while changing legal landscape complicates regulation: Variety of state rules complicate efforts to manage environmental liabilities.” While litigation around hydraulic fracturing and the accompanying publicity have increased in the past several years, the amount of litigation remains limited. In relation to few pending cases, there are common causes of action in almost every case that include nuisance, trespass and negligence, Carl said, and virtually every complaint has a medical monitoring count, many with a corresponding monitoring fund. “Water contamination claims are well-suited to these kinds of funds, but it remains to be seen at the end of the day whether these things will be upheld.”
 
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