Latest Pollution Headlines
All the headlines from our Pollution Topic Page, ordered by recency.
Asbestos Claims: ‘The Shroud’ Over the Industry
Aug 27 2001 // Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of...
Well-Control Coverage Drying Up for Small, Independents in Oil Patch
Aug 20 2001 // Oil and gas drillers in Texas are averaging about 40 new holes in the ground every day as the pace of looking for petroleum, especially natural gas, continues unabated in Texas and elsewhere, and that’s...
Asbestos Claims: ‘The Shroud Over the Industry’
Aug 20 2001 // Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of...
Chubb Unveils Remediation Cost Cap Policy
Aug 1 2001 // The Environmental Solutions Division of Chubb Financial Solutions Inc., a wholly owned subsidiary of The Chubb Corporation, has unveiled a Remediation Cost Cap Policy, strengthening its position as a leading environmental...
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Jul 23 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
RIMS Signs Agreement with U.S. EPA
Jun 25 2001 // The Risk and Insurance Management Society, Inc. (RIMS) and the U.S. Environmental Protection Agency (EPA) reached an agreement to develop a framework for addressing risk and insurance management issues relating to climate...
Oil & Gas Coverage Harder to Find; More EXPENSIVE
Jun 18 2001 // Crude oil and natural gas exploration and production continue at near record levels and most observers see no let up. White House officials are stumping for a national energy policy that among other things seeks increases...
HAZARDS OF WASTE
Jun 11 2001 // Legislation recently passed the U.S. House of Representatives that would provide Superfund liability protection for small businesses that disposed of municipal solid waste before April 1, 2001. According to Julie...
Riddell Named President of International Environmental Risk Underwriters
Jun 5 2001 // International Risk Group announced today that Connie Riddell, has joined the company as president of Colorado-based International Environmental Risk Underwriters. Riddell was formerly a principal in Bichon Group LLC, and...
General Mills Makes Partial Settlement in Oats Handling Case
Jun 1 2001 // General Mills reached a partial settlement with several global companies which took part in the reinsurance of a property policy covering a 1994 oats handling case. General Mills plans to record this partial settlement,...
Legislation to Protect Small Businesses from Hazardous Liability Litigation Passed
May 30 2001 // Legislation that would provide Superfund liability protection for small-businesses that disposed of municipal solid waste before April 1, 2001 recently passed the U.S. House of Representatives. According to Julie...
A.M. Best Report: Asbestos Claims Surge Set to Dampen Earnings
May 21 2001 // The property/casualty industry may be facing a surge in asbestos claims that could cumulatively cost the industry as much as $65 billion. This new estimate of ultimate asbestos-related losses is nearly two-thirds higher...
Senate Passes Brownfields Environmental Act
Apr 27 2001 // The Senate unanimously passed the Brownfields Revitalization and Environmental Restoration Act of 2001 by a vote of 99 to 0. The American Insurance Association (AIA) called the bill (S 350) good for cities, people,...
Illinois Environmental Services Workers Comp Trust Liquidated
Mar 28 2001 // Illinois Environmental Services Workers Comp Trust Liquidated The Circuit Court of Cook County, Ill. has granted Illinois Insurance Director Nat Shapo’s petition to place the Illinois Environmental Services Workers...
Woodruff-Sawyer and Frenkel Form ‘Environmental’ Alliance
Mar 26 2001 // In an effort to provide environmental risk management services to Bay Area construction, technology, real estate and other commercial clients, San Francisco-based Woodruff-Sawyer & Co. and New York-based Frenkel...
Agent Commission on Insanity is Nuts
Mar 5 2001 // “How’s business?” “Don’t ask.” “What’s wrong?” “You’ve heard of underwriting?” “I’m familiar with the concept.” “Well,...
“Fleming Fix” Bill Headed to Oregon Senate
Mar 2 2001 // The Oregon Senate Business, Labor and Economic Development Committee has moved a bill designed to correct a controversial state Supreme Court ruling on pollution exclusions to the Senate floor with a “do pass”...
Agent Commission on Insanity is Nuts
Feb 26 2001 // “How’s business?” “Don’t ask.” “What’s wrong?” “You’ve heard of underwriting?” “I’m familiar with the concept.” “Well,...
Chubb Enters Lender Environmental Insurance Market
Feb 7 2001 // The Chubb Group of Insurance Cos. has introduced Collateral Impairment and Environmental Liability Insurance for Financial Institutions to commercial real estate lenders. The coverage is available through Environmental...
Managing The Risk From Climate Change
Jan 22 2001 // Whether it is the dry desert heat of El Paso or the humid sauna of Houston, people who grew up in Texas know that its summers are naturally hot. For people in Dallas, last summer was no exception. After 44 days in the...
