environmental pollution liability News

Wind Could Spread Oil Leak from Pertamina’s Undersea Well in Indonesia

Wind is threatening to spread a growing 52-mile (84-kilometer) oil sheen in Indonesia from an undersea well that began leaking about two weeks ago into the Java Sea. State crude producer PT Pertamina plans to install more booms in the …

North Carolina Company Faces Fine Over Red Dye Contamination in Creek

A company could be fined by North Carolina regulators after a rupture at a Winston-Salem plant dumped red dye into a creek, killing some fish and prompting a warning for people to avoid the water. The spill occurred at Hanes …

Endurance Global Risk Solutions Launches Environmental Liability Products

Endurance Specialty Holdings Ltd. has launched a new series of environmental liability insurance products, offering both primary and excess coverage for single sites or property portfolios. Endurance’s new products include a site environmental impairment liability product, which provides eight different …

Philadelphia, UCPM to Offer Storage Tank Pollution Coverage

Philadelphia Insurance Companies has partnered with UCPM, Inc., an environmental insurance provider, to offer storage tank pollution liability coverage. The new Storage Tank Environmental Policy (STEP) protects policyholders from claims for bodily injury, property damage, and remediation expenses associated with …

Judge Approves Exxon’s $225M New Jersey Pollution Settlement

Exxon Mobil Corp’s $225 million settlement with the administration of New Jersey Governor Chris Christie of a longstanding environmental pollution case won approval on Tuesday from a state judge, over the objections of critics who called the accord a sellout. …