A Louisiana flood control official is likening the oil and gas industry in coastal Louisiana to rock stars who bring a lot of money to the area but, in his words, “trashed the hotel room.” Stephen Estopinal was speaking in …
Zurich has revised its Z Choice fixed facility environmental liability suite of products to include built in coverage features such as emergency expenses and crisis management. The new form provides for increased usability and customization to meet insureds’ needs and …
Liberty International Underwriters (LIU), part of the Global Specialty division of Liberty Mutual Insurance, has expanded its environmental impairment liability (EIL) operation with a regional presence, to be headed by underwriting manager Mike Padula, located in LIU’s Houston office. Padula …
Great American Insurance Group’s Environmental Division has launched an enhanced premises environmental liability insurance policy. The policy speaks to many newer exposures now faced by site owners, operators, property managers and tenants, including: Contingent business interruption Emergency response costs Green …
A New Hampshire jury on Tuesday found Exxon Mobil Corp liable for $236.4 million in a civil lawsuit that charged the oil company had polluted groundwater in the state with a gasoline additive used to reduce smog in the 1970s …
ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a foreign casualty pollution liability coverage endorsement. This new endorsement provides a limited pollution coverage extension in conjunction with ACE ATLAS CMP, ACE’s U.S. Controlled Master Program (CMP) …
Beazley plc has expanded its environmental products offering with the launch of an environmental cleanup costs insurance policy that provides coverage for cost overruns for remediation of known conditions at covered locations. The product, written on a non-admitted basis through …
Attorneys for Texaco Inc. argued this week that no evidence showed the oil company was responsible for ailments of children born to five women who claimed they were exposed to leaded gasoline fumes. Texaco, now part of Chevron, asked the …
The Mississippi Supreme Court is scheduled to hear oral arguments on Dec. 3 in Texaco’s appeal of a $19 million verdict for five women who alleged the oil company was responsible for their children born with disabilities and illnesses. A …
Companies, municipalities and universities in Kentucky that contributed to what was once one of the largest hazardous waste facilities in the United States should have to pay for its cleanup, the group managing what is now a Superfund site said …
