PFAS Regulation: Business Should Plan Now for Financial Impacts
Article by Bloomberg Law
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PFAS regulation under the Safe Drinking Water Act is coming under the Biden administration. CMBG3 Law’s John P. Gardella discusses how businesses—including those that permissibly discharge effluents into waterways—can plan now to reduce business interruption and financial losses stemming from PFAS regulation.
Insurers and corporations have spent the last few years attempting to determine the projected impact of PFAS regulation on future business interruption and loss projections, and an associated timeline under which to consider them.
There is no one answer for every business as to how significant and on what timeline PFAS changes under the Biden adminstration will be on business interests. However, one significant change businesses can plan for that will have an enormous impact is PFAS regulation under the Safe Drinking Water Act (SDWA).