Hydrocarbons

{
  "id": "MLC-T-INS-001762",
  "term": "Hydrocarbons",
  "field": "Insurance and risk management",
  "definition": "Organic compounds consisting entirely of hydrogen and carbon atoms, forming the basis of crude oil, natural gas, and coal. In insurance, they are a primary subject of risk related to energy exploration, production, refining, and transportation, with associated perils including fire, explosion, and environmental pollution. Liability and property policies for the energy sector are specifically designed to address the unique hazards posed by the extraction and handling of these flammable and often toxic substances.",
  "url": "https://mlchart.com/terminology/insurance/hydrocarbons/"
}