Fracking could create the next "ash-cloud" scenario for insurers, with widespread confusion around the liability for fracking-related claims, the Chartered Insurance Institute (CII) has warned.
A CII report on the insurance implications of fracking found that this form of energy extraction was neither included nor specifically excluded from UK household and business cover.
At the same time, the report identified several key perils associated with fracking, including earthquakes, explosions and fire, pollution, injury and death.
It warned that fracking will...
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