insurance

The lawsuit stems from a 2019 whistleblower complaint alleging that the company failed to properly notify its shareholders, customers and the public of fire risks associated with solar panel system defects over the course of several years.

Courts have ruled both ways on whether the online retailing platform can be held liable for selling products that cause damage. The latest case involves a house fire in Minnesota.

In the second installment of this series, pv magazine talks with Michael Kolodner of Marsh to learn about the evolution of hail risk management and how insuring a solar project is about more than just the policy.

Catastrophic weather events in Texas and California have led to steep increases in insurance premium costs, according to a new analysis by Norton Rose Fulbright.

The warranty risk of solar must be addressed early in the development phase of PV projects, as it is not possible to buy warranty insurance later during the operational phase. Decisions taken by developers at this stage will remain important for the next 25 years. The good news is that an industry standard exists, and it can be easily and cost-effectively applied to most PV projects, writes Ronald Sastrawan from Munich Re.