environmental risk News

EPA Readies ‘Forever Chemical’ PFA Safety Plan Amid Calls for Tougher Action

The Environmental Protection Agency is expected to announce a plan for dealing with a class of long-lasting chemical contaminants amid complaints from members of Congress and environmentalists that it’s not moved aggressively enough to regulate them. So-called forever chemicals, perfluoroalkyl …

Chubb Forms ‘Custom Industry Solutions’ Product, Creates London Region

Chubb announced it has created a “Custom Industry Solutions” product cluster in UK and Ireland, which will bring together its life science, info tech, package and entertainment industry segments. This new product cluster is designed to meet the evolving needs …

17 Million U.S. Homes Worth $4.9 Trillion Are in Environmental Hazard Zones

Millions of homes and condominiums across the country are in high danger zones for environmental hazards. According to the Environmental Hazards Housing Risk Index, produced by ATTOM Data Solutions, 17.3 million single family homes and condos with a combined estimated …

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, …

Lockton Adds Wasilchuk as Account Executive in Chicago

Lockton has hired John Wasilchuk as an account executive in its Chicago office focusing on environmental risk management. He is responsible for placement of environmental insurance coverage for Lockton clients and maintaining relationships with environmental underwriters and carriers. Prior to …

Global Risk Experts Lack Confidence in Governments on Economies, Climate

Fragile economies and extreme weather have combined to crank up the global risk dial in the past year, creating an increasingly dangerous mix, according to the World Economic Forum. Despite Europe’s avoidance of a euro break-up in 2012 and the …

Judge Won’t Order Additional Damages Against Exxon for Valdez Spill

A federal judge has refused to order Exxon Mobil Corp. to pay an additional $92 million sought by the U.S. government and state of Alaska to address lingering damage from the 1989 oil spill in Prince William Sound. U.S. District …