environmental risks News

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 …

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 …

N.Y. Gov. Cuomo’s Administration Says ‘No Timetable’ on Fracking Decision

Months after New York Gov. Andrew Cuomo’s administration promised a decision “within weeks” on whether to allow hydraulic fracturing for natural gas, it now says there’s “no timetable for a decision.” State officials say recent meetings with the U.S. Environmental …

ACE Expands Catastrophe Management Services for Environmental Risks

ACE USA, the U.S.-based retail operations of the ACE Group, has expanded its environmental risk insurance products to add catastrophe management coverage. In addition to coverage for standard remediation services included in the off-the-shelf environmental policies, ACE now covers the …

Chartis Adds Power Pack Protect Product for Power Generation Industry

The Chartis insurers have added PLL Power Pack Protect to the NextGen Protection suite of industry specific insurance products. PLL Power Pack Protect is designed to address environmental exposures associated with ancillary assets such as transmissions systems in the power …

Climate Change Lawsuit in Court in Oregon

A Lane County Circuit Court judge is deciding whether to allow a lawsuit brought by two girls against Gov. John Kitzhaber, accusing him of failing to protect the state’s resources against climate change. Judge Karsten Rasmussen heard arguments Monday and …

Aon Warns UK Businesses Face Threat from Environmental Legislation

UK businesses are “dangerously exposed to the possibility of heavy fines under the latest UK and EU legislation regarding environmental liability,” according to Aon. The bulletin added that in order to help “UK firms establish the level of risk they …