environmental liability insurance Articles

  • White Paper on Environmental Liability

     Executive Summary This White Paper explores various ways to shape an EC-wide environmental liability regime, in order to improve application of the environmental principles in the EC Treaty and implementation of EC environmental law, and to ensure adequate restoration of the environment. The background includes a Commission Green Paper in 1993, a joint hearing with the European Parliament ...

  • Insured Environmental Remediation

    Charleston Naval Complex: Insured Environmental Remediation Contract Project Highlights • Brownfield redevelopment project with a vision for mixed-use redevelopment parcels to limit environmental liability and reduce site remediation costs • RCRA site closure and remediation • Partnering with State and U.S. Environmental Protection Agency (EPA) regulatory agencies to form a ...


    By CH2M Hill Companies, Ltd.

  • Environmental Insurance: Tailored to Fit

     More sophisticated insurance tools are making it earier to protect your property Contaminated properties represent a huge investment opportunity, but much of it lies untapped because of environmental liability concerns. Anyone who buys property that is actually or potentially contaminated should consider it as a risk management option, and they should do so very early in the brownfield ...

  • Environmental Insurance: Finding a Good Tailor

     An article by this author in the December 1999 issue of Brownfield News analyzed two new environmental insurance products, the cleanup cost cap and pollution liability policies, which have proven to be key factors in the success of some contaminated property transactions. The article explained that, to achieve this success, environmental insurance experts need to tailor the policy to the ...

  • Lender Liability under CERCLA, the Asset Conservation, Lender Liability, and Deposit Insurance Protection Act of 1996 and the New Jersey Spill Act

    In this current climate of loan defaults and foreclosures, lenders are becoming increasingly concerned with their potential environmental liability when deciding whether or not to accept known contaminated property as collateral for loans. While such lender concerns are understandable, lenders are afforded significant state and federal liability protection, even after foreclosure, such that ...

  • Environmental Liability Management for a Large American University

    Challenge A large American university recently acquired a two-hundred acre hospital property for the purpose of future developments. One fifth of the property was impacted by chlorinated solvents and petroleum. Antea Group was appointed to assume the liability, return the land to residential use, and abate the migration of contaminants with minimal disruption to the campus or the ...


    By Antea Group - USA

  • Environmental Health & Safety Liability Assessment Systems

    An excerpt from the book, "Information Technology Solutions for EHS Professionals," by Thomas J. Morahan, Vice President of EHS Technology at InteGreyted, International ...


  • Legends Explains Environmental Consultants’ Insurance Needs

    Environmental consultants protect people and the environment from possible harm due to a variety of situations and contaminants.  The nature of their work makes it essential that they are protected by an insurance policy that covers their needs.  These needs can be diverse, depending upon their services and clientele, so it’s important that they understand the various types of ...


    By Cochrane & Associates, LLC

  • Environmental damage: what to quantify, prevent and insure

    The Environmental Responsibility of the various economic agents operating in Spain has already been required for the last two years with the passing of Law 26/2007 of 26 October on Environmental Responsibility. Also, its partial development, as defined by Regulation 2090/2008 of 22 December, has helped to better know the environmental damages repair projects contents. Over the next year, one of ...

  • Understanding Environmental Insurance & How it Works for You

    For environmental contractors and consultants, environmental insurance provides them with the ability to grow a business and bid on contracts. Without the correct limits, or complete coverage, a company is unlikely to be awarded lucrative contracts.   It’s important for environmental contractors and consultants to understand their insurance needs and what is covered in their policies. ...

  • Insurance Matures for Redevelopment

    After going through an often-painful learning curve in the late 1970s and 1980s, insurance underwriters have developed increasing expertise in writing policies to protect property owners, contractors and other parties in site-remediation projects against unforeseen cost exposures. Two principal insurance vehicles - remediation cost-cap and pollution legal liability (PLL) - are used on many ...

  • Common insurance misconceptions

    There are some common misconceptions regarding insurance for the waste industry. The most prevalent of which revolves around Environmental Insurance and who really needs this coverage. Many waste industry operators believe this type of coverage is only needed by hazardous waste haulers or entities engaged in landfill operations. While both of these operations would need environmental coverage, it ...


    By Waste Advantage Magazine

  • Insurance for Crossing the Valley of Death

    To achieve a modest reduction in atmospheric carbon dioxide emissions, global investment in renewable energy assets would need to increase from current levels of about $100 billion per year to $500 billion per year. Some of this increase can be accomplished by investment in existing, commercially proven technologies; but to meet the challenge of rapidly scaling renewable energy, we also need to ...


    By GLOBE Foundation

  • Director and Officer Liability in Ontario – Very Serious Business

    Last week I blogged about board responsibility and the need for management systems and tools to achieve compliance throughout the organization. This morning I had the chance to attend a conference, “ ...


    By GLOBE Foundation

  • Environmental Insurance for Lenders: What is It, and Can It Substitute for Due Diligence?

     This article addresses two aspects of the new environmental insurance policies for lenders (usually referred to as Secured Creditor, or SC, policies): that of the sometimes significant differences among the policies now on the market, and the controversial due diligence issue - whether the policies can be a 'substitute' for environmental due diligence or a Phase I. The four major ...

  • Ministers Reach Deal on EU Liability Plan

    European environment ministers meeting in Luxembourg today agreed in principle on an EU financial liability regime for environmental damage caused by companies. Preliminary details of the compromise emerged late in the afternoon. The settlement provides comfort to both industry lobbyists and environmental campaigners. Ministers have said that liability insurance should be voluntary pending a ...

  • The New Environmental Insurance Products: When Does it Make Sense to Buy Them?

     Part One Introduction Real estate transactions with environmental problems often founder on attempts to shift the liabilities from one party to the other. In transactions with other types of problems, insurance is a popular risk transfer mechanism,  and is regularly used for that purpose, but it is used far less often when there are environmental risks. This so-called ...

  • Engaging buyers, sellers and insurance markets case study

    Challenge: Antea Group was retained by a bankruptcy trustee responsible for divesting assets of a 169-facility convenience store chain to build an environmental risk transfer strategy designed to quantify and cap the liabilities. Solution: Antea Group evaluated the portfolio of sites to define the current status of previously reported environmental ...


    By Antea Group - USA

  • IAQ Consultants Encouraged to Review their E&O Insurance

    Errors & omissions (E&O) insurance, also known as professional liability insurance (PLI) and professional indemnity insurance (PII) is a crucial form of coverage for professionals dealing with indoor air quality (IAQ) consulting services.  E&O insurance helps to protect IAQ consultants who provide advice and services from the full cost of defending against negligence claims and ...

  • Integrated Environmental Risk Management Strategies: Funding Environmental Cleanup from Pre-existing Insurance Policies

    One of the terms used to describe the newest environmental risk management strategies, is the term 'Integrated Environmental Risk Management.' This involves evaluating and 'integrating' both new and traditional resources to help clients manage, control, avoid and ultimately transfer environmental risks. Environmental Services Group & Dispute Resolution Management, Inc. At ...


    By Crystal & Company

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