Environmental Insurance News

  • B&W Amends Rights Offering

    Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) announced today that it is extending the expiration date and amending other terms of its previously announced rights offering, which commenced on March 19, 2018. Pursuant to the rights offering, B&W distributed one nontransferable subscription right to purchase additional common shares for each common share held as of ...


    By Babcock & Wilcox MEGTEC LLC

  • Mold Problems Persist in Puerto Rico’s Hurricane Damaged Properties

    Months after Hurricanes Irma and Maria caused massive destruction to infrastructure and buildings across Puerto Rico, life for many area residents is still filled with challenges. A major concern encountered by many residents in their daily lives is exposure to the presence of high concentrations of mold. This is all too often the case in homes, schools and other institutions, and businesses that ...


    By Cochrane & Associates, LLC

  • B&W Commences Rights Offering

    Babcock & Wilcox Enterprises, Inc. (the “Company”) (NYSE: BW) announced today that it commenced a rights offering (“Rights Offering”) originally announced on March 1, 2018. Pursuant to the Rights Offering, the Company is distributing to holders of the Company’s common shares one nontransferable subscription right (a “Right”) to purchase 1.4 common ...


    By Babcock & Wilcox MEGTEC LLC

  • Storm Surge, Property Damage and Potential Indoor Environmental Quality Issues Discussed in New Video

    Today, the IAQ Video Network and Cochrane & Associates announced the release of their latest educational video.  Their newest production discusses how storm surge from a hurricane or other powerful storm can cause not only property damage, but also indoor environmental quality (IEQ) concerns for those who live, work or go to school in damaged buildings.   ...


    By Cochrane & Associates, LLC

  • Reterro and Munich Re Offer Industry First Substitute Performance Cover for Innovative Soil Remediation

    Reterro, Inc., the only fully vertically integrated Brownfield redevelopment company able to eliminate distressed property liabilities safely and sustainably, and Munich Re (Group), one of the world’s leading reinsurance companies, have partnered to provide the industry’s first process substitute performance cover for Reterro’s soil remediation projects. Financial Technology ...


    By Reterro, Inc.

  • Reterro Expands Team to Enable Rapid Brownfield Redevelopment Through Remedial Certainty and Risk Elimination

    Reterro, Inc., the only vertically integrated Brownfield redevelopment company able to eliminate distressed property liabilities safely and sustainably, announced today two strategic hires to invest in the growth of the company’s Brownfield team. The team’s objective is to identify, acquire and restore contaminated Brownfield properties for reuse without risk of transferring financial ...


    By Reterro, Inc.

  • WaStop reduces flooding on Anna Maria Key and protects against environmental damage

    Anna Maria Key is a picturesque barrier island off the coast of western Florida, USA. Near Sarasota, it is the home of communities such as Anna Maria, Holmes Beach and Bradenton Beach.  Anna Maria Key has become a popular destination for visitors all over the world because of the beautiful beaches. Unfortunately, tourism and development has led to the gradual depletion of the islands ...


    By Wapro AB

  • NNCO Will Hold Webinar on Nanotechnology and the Insurance Industry

    On September 22, 2016, the National Nanotechnology Coordination Office (NNCO) will hold a webinar on the insurance industry and the challenges of underwriting nanotechnology and other emerging technologies. NNCO Director Dr. Michael Meador will moderate the webinar discussion. Speakers will include: Allen Gelwick, Executive ...


    By Bergeson & Campbell, P.C.

  • EHS&S News from Around the Web, August 2016

    The Guardian has a great overview of the six stages of wasting food. Environmental Leader breaks down the numbers on S&P companies who ...


    By Antea Group - USA

  • Identifying Smoke Damage in New York City and Across the Tri-State Area

    With the millions of people that live in New York City, buildings fires are an all too common occurrence. In fact in 2015, the Fire Department of the City of New York (FDNY) responded to approximately 1.7 million calls, a record for a single year. In addition to the threat posed to people, building fires destroy or damage many homes and businesses each year.  These ...


    By VOETS, LLC

  • Hailstorms, Property Damage and Potential Indoor Environmental Concerns Discussed in New Video

    Today, the IAQ Video Network and Cochrane & Associates announced the release of their latest educational video.  Their newest production discusses hailstorms and the billion dollars worth of property and crop damage that occurs each year in the United States.   “Following a hailstorm, property owners should check for signs of damage,” ...


    By Cochrane & Associates, LLC

  • Smoke Damage Concerns Following Building Fires in Puerto Rico

    Each year, building fires destroy or damage many homes and businesses across Puerto Rico.  While these fires may burn a structure down to the ground in some circumstances, many others are saved with varying degrees of damage.  These structure fires can be devastating and cause property damage even to neighboring buildings not directly touched by flames.  This is due to ...


    By Zimmetry Environmental

  • When sea levels rise, damage costs rise even faster

    Damages from extreme events like floods are even more relevant than the mean sea level itself when it comes to the costs of climate impacts for coastal regions. However, while it is now rather well understood how sea-levels will rise in the future, only small progress has been made estimating how the implied damage for cities at the coasts will increase during the next decades. A team of ...


    By GLOBE Foundation

  • New Offshore Legislation on Environmental Protection Now in Effect

    New measures to strengthen environmental protection and safety in Canada’s offshore will come into force today.  Canada’s Minister of Natural Resources,Jim Carr, made the announcement in Ottawa.  The Energy Safety and Security Act enshrines the polluter-pays principle in legislation and increases absolute liability in the offshore. This will ensure that the public can ...


    By GLOBE SERIES

  • Scott Recker Named New Environmental Liability Management Practice Leader

    Antea Group is pleased to announce the appointment of Scott Recker to the role of Environmental Liability Management Practice Leader. Scott is a Senior Consultant with over 28 years of industry experience. His focus is the strategic development and management of regional and national multi-disciplinary project teams to solve environmental business problems. Scott employs a sound scientific ...


    By Antea Group - USA

  • Flood Risks and Property Damage Discussed in New Video

    Today, the IAQ Video Network and Cochrane & Associates announced the release of their latest educational video.  Their newest production discusses flood risks and property damage issues.    “Flooding can cause devastating damage to a home or business so it’s important that people understand flood risks in their area, ...


    By Cochrane & Associates, LLC

  • Liability for Environmental Spills in Ontario

    In the mid-1980’s an unlikely accord was made between the Liberals and the NDP in order to defeat the Progressive Conservative Party opposition. Under the agreement, Ontario premier Bob Rae asked the Liberal Party to help implement what was known as the “spills bill”.   Considered ...


    By GLOBE SERIES

  • Winterize Your Property Now to Prevent Costly Damages

    A week into the winter season and many parts of the country have already experienced frigid temperatures.  Other areas have had an exceptionally mild winter so far, but these conditions can quickly change. Strong winds, rain, snow and ice can all takes a toll on a home or business and freezing temperatures can easily burst pipes.  During the winter season, damage from any one ...

  • Habitat equivalency analysis reveals highest priority projects for damaged ecosystems

    Adapted habitat equivalency analysis (HEA) may help decision makers select projects to restore damaged ecosystems under a limited budget. HEA, used to assess damages to natural resources, can help to clarify objectives and compare trade-offs between projects to choose the most cost-effective among them, according to this study’s authors. There is growing recognition of the value of goods ...

  • US, states announce $20 billion final settlement with BP over gulf oil spill

    The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would resolve all civil claims against BP and end five years of legal fighting over a 134 ...


    By Associated Press

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