William Droze, a partner in Troutman Pepper Locke’s Environmental + Natural Resources Practice Group, was quoted in the January 14, 2025 Corporate Knights article, “Do ‘Act of God’ Clauses Still Work in the Era of Climate Change?

One way of tracking the increase in force majeure claims is by looking at the number of weather events with more than a billion dollars in damages, as the two tend to correlate closely, says William Droze, a partner at Troutman Pepper, a U.S.-based law firm. Data from the National Centers for Environmental Information shows that billion-plus events occurred on average 5.6 times per year in the 1990s, compared to 20.4 times per year over the last half-decade. In 2023, there were 28. 

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