environmental liability News

U.S. Top Court Rejects Exxon’s Appeal of $236M Verdict in N.H. Pollution Case

The U.S. Supreme Court on Monday rejected Exxon Mobil Corp’s appeal of a $236 million judgment against the oil company in a case brought by the state of New Hampshire over groundwater contamination linked to a gasoline additive. The justices …

Chubb Expands Environmental Insurance Products, Services

Chubb has broadened the availability of its premises pollution liability and other environmental insurance coverages and risk management products through its newly expanded distribution network. Chubb’s Environmental products distribution network has grown from nine to 48 branch offices, as a …

EPA Finalizes $14M Plan to Clean Soil at Former Sherwin-Williams Plant Site

The U.S. Environmental Protection Agency (EPA) said Wednesday that it has finalized a $14 million plan to clean up contaminated soil from homes at the Sherwin-Williams/Hilliards Creek Superfund site in Gibbsboro and Voorhees, New Jersey. The EPA’s decision calls for …

Report Sees Major Food Shortage as Climate Change Danger

Climate change reports and studies abound lately – as you will note from a previous column – but one recent report gives potentially the starkest prediction yet of what impacts climate change could have. The report from Lloyd’s of London, “Food …

ACE Appoints O’Halloran as Environmental Risk Underwriter, U.K. & Ireland

ACE Group today announced the appointment of Glenn O’Halloran as environmental risk underwriter as it continues to invest in building its environmental liability insurance capabilities in the U.K. and Ireland. O’Halloran will be responsible for growing ACE’s environmental liability book, …

UCPM Environmental Launches Program for Indoor Air Quality, Mold Liability

UCPM, Inc., an environmental insurance provider, has partnered with Great American Insurance Co. to offer the IAQ Advantage package for indoor air quality and mold liability coverage. This online program targets real estate locations including apartments, condos, hotels, offices, and …

Latimer Appointed Environmental Risk Underwriter at ACE

ACE Group has appointed Robert Latimer as environmental risk underwriter as it continues to invest in building its environmental liability insurance capabilities in the UK & Ireland. Latimer will be responsible for growing ACE’s regional environmental liability book, working predominantly …

Occidental to Pay $190M in New Jersey River Pollution Case

Occidental Petroleum Corp.’s chemical unit agreed to pay $190 million to cover its liability for the cleanup of the Passaic River in northern New Jersey, state officials said. Occidental Chemical is the legal successor to Diamond Shamrock Chemical Co., which …

Judge Rules BP Was ‘Grossly Negligent’ in Gulf Oil Spill

BP Plc acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, a federal judge ruled, handing down a long-awaited decision that may force the energy company to pay billions of dollars more for the …

Pennsylvania Auditor Cites Flaws in Gas Drilling Regulation

Strained by the rapid expansion of natural gas drilling in Pennsylvania and limited resources, environmental regulators have failed to adequately monitor well safety or to provide clear and timely information to citizens, the state’s elected auditor said Tuesday. Eugene DePasquale …