Latest Pollution Headlines
All the headlines from our Pollution Topic Page, ordered by recency.
Investors Pressure DuPont Over Risks of Genetically-Modified Products
Mar 28 2006 // The DuPont Co. needs to provide more information to its shareholders about the potential risks posed by genetically modified organisms, a group of faith-based investors said last week. Christian Brothers Investment...
Insurers Report Progress on Asbestos Liabilities Funding, Says A.M. Best
Mar 27 2006 // During 2004, U.S. property/casualty insurers narrowed the funding gap in their asbestos and environmental loss reserves, principally for asbestos liabilities, as a result of 2004’s pretax charge of nearly $6 billion,...
Feds Probe Water Tritium Levels at Nuclear Power Plants
Mar 24 2006 // Federal monitors have formed a task force to investigate discharges of radioactive tritium-laced water at several power plants across the nation, including one at the Palo Verde Nuclear Generating Station west of Phoenix,...
For O & G operators, contracts and coverages go hand in hand
Mar 20 2006 // (Editor’s note: This is the third article in a series addressing risk management for the Oil and Gas operator. The first appeared in the Aug. 22, 2005, issue of Insurance Journal-Texas/South Central, the second ran...
Freberg Environmental Launches Excess Auto Liability Program
Mar 7 2006 // Environmental Insurance Program Manager, Freberg Environmental, Inc. (FEI) has launched an excess automobile liability program with an A.M. Best rated “A VIII” domestic insurance company. The excess auto...
Finite re can fill environmental liability gap
Mar 6 2006 // Finite reinsurance has received a lot of negative publicity within the past year amid allegations of its misuse as an accounting rather than risk transfer tool. But the product has its merits when used correctly, and it...
What lies beneath the surface of a yacht policy?
Feb 20 2006 // Although no standard such as ISO exists for the yacht insurance industry assuring consistency from carrier to carrier, most policies offered by domestic carriers have become fairly consistent in their coverage offering....
Claims Management
Feb 19 2006 // Insurers and property owners are finding that heat offers an effective alternative or adjunct to costly traditional demolition-based remediation and flood restoration. Heat treatment method offers options for relief...
By Christopher L. Pesce
Feb 19 2006 // What lies beneath the surface of a yacht policy? Commonly overlooked coverage issues mean added exposure for agents Although no standard such as ISO exists for the yacht insurance industry assuring consistency from carrier...
WELDERS WIN MARYLAND POLLUTION RULING
Feb 6 2006 // Maryland’s highest court has handed a victory to the welding industry by ruling that the scope of the pollution liability exclusion in a business insurance policy does not encompass welding rod liability. In...
When used correctly, finite re can fill environmental liability gap
Feb 6 2006 // Aon’s Bennink sees need for ‘tarnished’ product growing as property owners face mold effects of hurricanes AUTHOR: By Andrew G. Simpson Finite reinsurance has received negative publicity within the past...
From DuPont Teflon to nanotechnology
Feb 6 2006 // Anticipating and assessing risk, along with defining and assigning value to units of exposure, are basic components of an insurance underwriter’s job. Challenging as those tasks are when examining well-known...
Delaware seeks new workers’ comp classes
Feb 5 2006 // Delaware Insurance Commissioner Matt Denn has asked Delaware businesses to submit requests for classification changes for workers’ compensation. According to Denn, some business owners have said they have been...
Emerging Risks
Feb 5 2006 // Anticipating and assessing risk, along with defining and assigning value to units of exposure, are basic components of an insurance underwriter’s job. Challenging as those tasks are when examining well-known...
Hudson Adds Environmental Program to 50 States, D.C.
Jan 26 2006 // Hudson Programs, an operating division of Hudson Insurance Group, reported that their environmental insurance program is now available in all 50 states, plus the District of Columbia. The program is exclusively...
Beacon Hill Offers Environmental Product for Main Street Risks
Jan 23 2006 // Beacon Hill Associates, Inc. is offfering PartnerPremises, a fixed site pollution product specifically designed to cover the very real exposures of main street commercial risks. The PartnerPremises policy has a minimum...
Emerging environmental risks pose problems for underwriters
Jan 23 2006 // Anticipating and assessing risk, along with defining and assigning value to units of exposure, are basic components of an insurance underwriter’s job. Challenging as such tasks are when examining well-known...
Fire and Water Restoration Plus Pollution and Mold Liability for Contractors
Jan 23 2006 // Nuts & Bolts: Bonding and Insurance Specialists Agency is offering fire and water restoration contractors general liability plus contractor’s pollution and mold liability. BISA has been writing insurance and...
Heat treatment method offers options for relief efforts in coastal region
Jan 23 2006 // For insurers facing extraordinary exposure from Hurricanes Katrina and Rita, unmatched losses beyond any other natural disasters in U.S. history, the bad news continues. Serious mold contamination is now threatening...
Claims Management
Jan 22 2006 // Insurers and property owners are finding that heat offers an effective alternative or adjunct to costly traditional demolition-based remediation and flood restoration. Heat treatment method offers options for relief...
