Latest Pollution Headlines

All the headlines from our Pollution Topic Page, ordered by recency.

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...

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...