Latest Pollution Headlines
All the headlines from our Pollution Topic Page, ordered by recency.
ACE Europe Launches Private Finance Initiative
Mar 12 2008 // ACE has announced the launch of ACE PFI (Private Finance Initiative), which it describes as a “fully integrated insurance solution providing comprehensive cover and risk management advice for all aspects of a PFI...
Cleanliness is Key to Preventing Hot Tub Claims
Mar 10 2008 // Proper risk management includes daily inspections, regular cleaning, usage policies and water tests Hot tub operators are reporting an increasing number of “hot tub rash” claims from people using their...
Seattle Court Rules Failure to Disclose Pollution Incidents Voids Vessel Policy
Mar 10 2008 // The U.S. Ninth Circuit Court of Appeals in Seattle has upheld an Alaskan district court ruling that a primary insurance carrier can cancel a marine vessel’s pollution insurance policy on the basis that the insured...
Nanotechnology: A Big Risk in a Small Package?
Mar 10 2008 // Nanotechnology presents great opportunity, but the impact on insurance is still unknown Insurance professionals gathered in the oak-paneled Old Library of Lloyd’s of London this past December to learn more about a...
CDC Official: Reaction to Formaldehyde in Emergency Trailers Too Slow
Mar 6 2008 // The U.S. Centers for Disease Control and Prevention should have reacted sooner to concerns about hazardous fumes in government-issued trailers housing thousands of Gulf Coast hurricane victims, a CDC official told a...
Lexington Insurance Adds Eco-Friendly Building Coverage
Mar 3 2008 // Lexington Insurance Co. has begun offering commercial property insurance that will replace customers’ damaged buildings and property with green-friendly products. The coverage, called Upgrade to Green, is designed to...
W. Va. Judge Upholds $196M Award against DuPont
Feb 27 2008 // A circuit judge in West Virginia has upheld a $196.2 million punitive damages award against DuPont in a class-action pollution case. Harrison County Circuit Court Chief Judge Thomas A. Bedell also ordered the Wilmington,...
People
Feb 24 2008 // BMS, a reinsurance intermediary based in Philadelphia, has appointed James T. Buysse as chief executive officer of its North American operations, BMS Intermediaries Inc. Buysse has 25 years of experience in the reinsurance...
People
Feb 24 2008 // San Diego-based Barney & Barney LLC named Jim O’Connell principal. He also will serve as director of development for programs, specialty insurance solutions. In that role, he is responsible for both regional and...
Seattle Court Rules Failure to Disclose Pollution Incidents Voids Vessel Policy
Feb 21 2008 // The U.S. Ninth Circuit Court of Appeals in Seattle has upheld an Alaskan district court ruling that a primary insurance carrier can cancel a marine vessel’s pollution insurance policy on the basis that the insured...
N.M. Tribe Sues Regulator Over Leavitt’s Corp. Status Reinstatement
Feb 21 2008 // The Mescalero Apache Tribe in Santa Fe, N.M., contends it overpaid millions of dollars for insurance, alleging the state let an insurance agent operate after the agent was accused of submitting fraudulent documents to sell...
Marsh Report on Europe Transport Highlights Regulatory, Liability Concerns
Feb 19 2008 // A new report from Marsh’s London office focuses on the increasing problems of transport and logistics firms across Europe in coping with new categories of liability and an increasingly complex regulatory...
Barr Joins Marsh’s UK Environmental Practice
Feb 7 2008 // Marsh has appointed David Barr as a Managing Consultant in its UK Environmental Practice. He joins Marsh’s London office from Willis, where he headed up its UK Environmental Team. The bulletin described Barr as a...
Sharpshooters Target Deer in Crowded N.J. County
Jan 31 2008 // On a Maplewood, N.J. hilltop with breathtaking views of New York’s skyline, sharpshooters perched in trees took aim Tuesday at white-tailed deer, a species being crowded out of one of the nation’s most densely...
AIG to Pay $42.5M to Cleanup Pollution Left by Bankrupt Insured
Jan 27 2008 // American International Specialty Lines Insurance Co. Inc. (AISLIC) has agreed to pay $42.5 million to clean up contamination at four industrial facilities run by a bankrupt insured in a suit in which the Department of...
It Figures
Jan 27 2008 // $1.3 Million Arkansas will receive $1.3 million out of the $72 million in funds and assets of Martin Frankel recently seized by the Internal Revenue Service and the Federal Bureau of Investigation. Frankel was sent to...
It Figures
Jan 27 2008 // $62,000 Los Angeles-based Farmers Group Inc. announced it gave $62,000 to the La Jolla Band of Mission Indians to help rebuild after the Southern California fires of 2007. Farmers Executive Vice President of Field...
People
Jan 27 2008 // Zurich named Kevin Dunham senior vice president and global relationship leader for the western region of its Global Corporate in North America Business unit. Dunham is based in Glendale, Calif., and will manage accounts...
AIG to Pay $42.5 Million to Cleanup After Failed Company
Jan 27 2008 // The American International Specialty Lines Insurance Co. Inc. (AISLIC) has agreed to pay $42.5 million to clean up contamination at four industrial facilities run by a bankrupt insured in a suit in which the Department of...
Bills Filed in Okla. to Reduce Smoking, Protect Minors From Smoke
Jan 24 2008 // Oklahoma legislators seem to have smoking on their minds. Recently filed bills aimed at smoking issues would require the sales of “fire safe” cigarettes, require insurance companies to provide coverage for...
