{"title":"Indemnity Against Wind-Turbine Fires: An Estimate of the Cost of Overcoming Information Asymmetry","authors":"S. Srinivasan, Roshini Josepherson","doi":"10.1080/10406026.2023.2207857","DOIUrl":null,"url":null,"abstract":"Abstract Individual wind energy generators and entire wind farms have grown larger in recent times; the larger among the machines are less easily accessible for preventive and corrective maintenance. A large proportion of wind farm assets remain uninsured against fire damage and insurance companies need to come up with effective mechanisms to elicit information relating to the fire risks faced by the underlying assets and then to design and deploy the means to absorbing and diversifying such risks. The present paper offers suggestions to acquire information to bridge the apparent information asymmetry and to defray the associated risks more efficiently.","PeriodicalId":11761,"journal":{"name":"Environmental Claims Journal","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2023-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Environmental Claims Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10406026.2023.2207857","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Environmental Science","Score":null,"Total":0}
引用次数: 1
Abstract
Abstract Individual wind energy generators and entire wind farms have grown larger in recent times; the larger among the machines are less easily accessible for preventive and corrective maintenance. A large proportion of wind farm assets remain uninsured against fire damage and insurance companies need to come up with effective mechanisms to elicit information relating to the fire risks faced by the underlying assets and then to design and deploy the means to absorbing and diversifying such risks. The present paper offers suggestions to acquire information to bridge the apparent information asymmetry and to defray the associated risks more efficiently.
期刊介绍：
The Environmental Claims Journal is a quarterly journal that focuses on the many types of claims and liabilities that result from environmental exposures. The ECJ considers environmental claims under older business insurance policies, coverage and claims under more recent environmental insurance policies, as well as toxic tort claims. Exposures and claims from all environmental media are considered: air, drinking water, groundwater, soil, chemicals in commerce and naturally occurring chemicals. The journal also considers the laws, regulations, and case law that form the basis for claims. The journal would be of interest to environmental and insurance attorneys, insurance professionals, claims professionals, and environmental consultants.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
