environmental liability News

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 …

New Jersey Superfund Site Lawsuit Allowed to Proceed

A lawsuit filed against a New Jersey town and county and the Army Corps of Engineers over the nearly $80 million cleanup of a Raritan Bay Superfund site can proceed, a federal judge ruled last week. U.S. District Judge Michael …

Anadarko, Kerr-McGee Liable for Pollution Costs of Spun-Off Paint Unit Tronox

Anadarko Petroleum Corp. and its Kerr-McGee unit acted with “intent to hinder” when they spun off Tronox, the paint materials company that later went bankrupt, and should pay billions of dollars in environmental cleanup costs, a judge ruled on Thursday. …

LIU, PGI Commercial Partner to Offer Environmental Coverage

Liberty International Underwriters (LIU) has partnered with program administrator PGI Commercial to offer LIU Environmental coverages under a new program administrator agreement. PGI Commercial’s clients now have access to: Expanded capacity LIU Environmental’s suite of products LIU’s experience in identifying …

New Hampshire’s Attorney General Sues Shell Oil for $2.4M Cleanup Costs

New Hampshire’s attorney general is suing Shell Oil Co. seeking reimbursement of $2.4 million in cleanup costs, saying the company did not disclose that it had insurance coverage for those costs. Attorney General Joseph Foster says Shell owned or operated …

Flood Official: Oil Companies ‘Trashed the Hotel Room’

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’s Environmental Site Business Enhances Z Choice Policy

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 Expands Environmental Presence In Southwest

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 Enhances Premises Environmental Liability Product

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 …