Latest Pollution Headlines
All the headlines from our Pollution Topic Page, ordered by recency.
Emerging environmental risks pose problems for underwriters
Jan 22 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...
Maryland Court Rules with Welders in Limiting Scope of Pollution Exclusion
Jan 19 2006 // On Jan. 6, Maryland’s highest court 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...
Ill.’s Euclid to Purchase Environmental Insurance Brokers
Dec 28 2005 // Euclid Insurance Services, Inc. in Itasca, Ill., plans to acquire McHenry, Ill.-based Environmental Insurance Brokers, Inc., a commercial insurance agency that specializes in serving the waste-hauling and transportation...
Burns & Wilcox Offers New Contractors’ Environmental Market
Dec 26 2005 // Burns & Wilcox has launched a new environmental program with ACE Westchester Specialty Group Environmental for environmental contractors and consultants. Rated “A+” by A.M. Best, ACE Westchester Specialty...
Me.’s Collins, Conn.’s Lieberman Push Tougher Chemical Plant Safety
Dec 22 2005 // Oil-storage tanks in South Portland and paper mills in other parts of Maine would be among the facilities subject to additional safety standards if federal legislation to be introduced this week is enacted. U.S. Sen. Susan...
Brokers in Pursuit of Professional Liability Coverage
Dec 14 2005 // It happens quite often. An insured is sued and a question is raised as to whether there is insurance coverage for the claim. The insured states that “it thought it had coverage,” and if it does not have...
Perma-Fix Obtains Claim Settlement
Dec 8 2005 // Perma-Fix Environmental Services Inc. has received a final payment of $510,000 for the settlement of the remaining insurance claim, related to the fires, which occurred at the Perma- Fix of Michigan facility during...
EPA’s New Liability Shield Intended to Spur Brownfields Redevelopment
Nov 10 2005 // A new “brownfields” rule from the U.S. Environmental Protection Agency will encourage redevelopment of old, abandoned industrial facilities, according to the National Association of Home Builders. The final...
IEA Study Forecasts 50% Growth in Energy Use; 52% Increase in Greenhouse Gas Emissions
Nov 8 2005 // An in depth study conducted by the Paris-based International Energy Agency forecasts a 50 percent rise in energy use between now and 2030. It also predicts a concurrent 52 percent rise in greenhouse gas emissions,...
To submit a People and Places announcement, e-mail ptom@insurance journal.com
Nov 6 2005 // ACE USA announced two appointments in its ACE Casualty Risk Unit. William Hazelton has joined as senior vice president and underwriting manager for ACE Environ-mental Risk, and Mitchell Schmidt is now senior vice president...
San Francisco-based Woodruff-Sawyer & Co. announced that William Dougherty has joined the firm as an Account Executive w
Oct 17 2005 // Hilb Rogal and Hobbs Company, headquartered in Glen Allen, Va., has appointed Michael Crowley to the position of president. In that role, Crowley will have overall responsibility for profit and loss, revenue growth,...
California Heating Up, Could Face More Blackouts
Oct 3 2005 // More frequent and intense heat waves that are expected in California during the next 100 years could overburden the state’s electric utility grid and cause rolling blackouts, according to a study by the U.S....
California Heating Up, Could Face More Blackouts
Oct 3 2005 // More frequent and intense heat waves that are expected in California during the next 100 years could overburden the state’s electric utility grid and cause rolling blackouts, according to a study by the U.S....
POLLUTION COSTS FIRM $28 MILLION:
Sep 19 2005 // A Connecticut-based company that contaminated California’s San Gabriel Valley groundwater with its metal cleaning and degreasing procedures has agreed to spend $27.8 million on environmental projects and penalties in...
Heat Waves Could Hurt California’s Energy Grid
Sep 19 2005 // More frequent and intense heat waves that are expected in California during the next 100 years could overburden the state’s electric utility grid, according to a study by the U.S. Department of Energy’s...
Wisconsin Senate Committee Kills “All Sums” Bill
Sep 19 2005 // A Wisconsin Senate Committee has killed the “all sums” bill, a measure vehemently opposed by the insurance industry. A.B. 222 (Senate Bill 137), was defeated in the Senate Committee on Agriculture and Insurance...
Hudson Environmental Insurance Program Available in Most States
Sep 19 2005 // The environmental insurance program of Hudson Programs, an operating division of Hudson Insurance Group in New York, is now available in 49 states, plus the District of Columbia. The program includes coverage for all sizes...
Zurich Adds Environmental Office for New England Region
Sep 13 2005 // Zurich North America Commercial’s unit providing environmental and design professional insurance solutions has opened an office in Boston to serve customers in its New England region. Zurich’s New England...
News Briefs
Sep 5 2005 // MASSACHUSETTS Fed Probe Firing of MassMutual CEO: Federal prosecutors are investigating the conduct that led to the firing of former MassMutual Insurance Comany chief executive Robert J. O’Connell, the company...
FLOOD PROTECTION RULES HIT:
Sep 5 2005 // Despite three major Delaware River floods in the past 13 months, the Department of Environmental Protection is reneging on promises to revise rules that would make it tougher for developers to build in flood-prone areas,...
