Arbol launches insurance against data center moratorium risk
Insurer Arbol has introduced a first-of-its-kind policy that pays out when a government action halts data center construction. The cover, previously considered uninsurable, takes effect after a defined waiting period following the moratorium.
- Nearly 500 data center moratoriums proposed in the US since January, 340 authorized
- Policy covers losses from construction suspension ordered by authorities
- New York became the first US state to impose a moratorium on large data centers
- 80% of US gubernatorial candidates have taken a stance on data centers
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