RT ECP News Center

April 6, 2017

Contractors Professional Liability (CPrL) Insurance—Rectification/Mitigation Enhancement

Source: https://www.irmi.com, March 2017 By: Jeff Slivka, New Day Underwriting Managers LLC Responsibilities were clearly defined under the design-bid-build model that dominated the commercial construction industry over a decade ago. Today, the trend toward design-build, fast-tracking, and accelerated delivery methods—coupled with the desire to take on new projects requiring an expanded level of experience or […]

April 6, 2017

An Analysis of Environmental Impairment Liability Issues

Source: http://www.lexology.com, March 7, 2017 By: W,. Gerald McElroy, Jr., Zelle LLP This article was first published in Insurance Law360. To read this article in PDF format, please click here. Environmental impairment liability (EIL) policies currently available in the market provide very broad coverage. Thus, an EIL policy may provide coverage for an insured’s owned site […]

April 5, 2017

NJ spending more than house is worth on toxic clean-up — And family is trapped

Source: http://nj1015.com, March 31, 207 By: Michael Symons A 2011 earthquake in Virginia caused only minor damage in New Jersey, but led to water frequently infiltrating the basement of a Sayreville home — and the discovery that the property had long ago been contaminated by industrial chemicals. Since then, the state has spent hundreds of thousands […]

April 5, 2017

Environmental risks spread in soft market

Source: http://www.businessinsurance.com, April 3, 2017 By: Judy Greenwald Insurers covering environmental exposures are getting worried about the growing number of mold claims, particularly in the hospitality sector, although the market overall remains competitive, experts say. Also of concern are environmental risks associated with development and redevelopment and petroleum pipeline-related risks, among others. In addition, some […]

April 5, 2017

Neighbor of Alabama Waffle House Sues Over Grease, Sewage Seepage

Read here about a lawsuit filed over grease and sewage that seeped onto the neighboring property of an Alabama restaurant.

April 5, 2017

Carbon Monoxide Leak in Michigan Hotel Kills Child, Sickens Others

Read here about a carbon monoxide lead at a hotel in Michigan that killed one and sickened others.

March 31, 2017

Five Reasons for Contractors to Consider Environmental Insurance

Source: http://www.constructionexec.com, March 30, 2017 By: Anthony Kammas Construction companies rarely consider that they may end up in court for performing work that damaged the environment, but it happens more frequently than contractors may think. The U.S. Environmental Protection Agency (EPA) has determined that construction contractors have a significantly high potential for contributing to environmental damages. The […]

March 31, 2017

Pollution at former Belchertown State School includes a PCB 'disposal site'

Source: http://www.masslive.com, March 29, 2017 By: Jim Russell Pollution requiring clean-up at the former Belchertown State School property includes an apparent polychlorinated biphenyls (PCBs) “disposal site,” according to the Massachusetts Department of Environmental Protection. In a letter written by Eva Tor, deputy regional director of the DEP Bureau of Waste Site Cleanup, the state said […]

March 31, 2017

Pitzer College v. Indian Harbor Insurance Company

Source: http://www.mondaq.com, March 28, 2017 By: Michael R. Velladao and Nicole R. Kardassakis, Lewis Brisbois Bisgaard & Smith LLP In Pitzer College v. Indian Harbor Ins. Co., 845 F.3d 993 (9th Cir. January 13, 2017), the United States Ninth Circuit Court of Appeals certified the following questions to the California Supreme Court: Is California’s common […]

March 29, 2017

Water contaminated on, near Joint Base — chemicals thousands of times higher than fed standards

Source: http://nj1015.com, March 29, 2017 By: Dan Alexander Foam used by the military at the Joint Base McGuire-Dix-Lakehurst has contaminated several water sources on and off the base, according to a report. The Air Force has been testing for perfluoroctanesulfonic acid (PFOS) and perfluorooctanoic acid (PFOA), an unregulated chemical used to make a firefighting foam […]

March 28, 2017

2017 Insurance Market Forecast

Source: http://www.constructionexec.com, March 28, 2017 By: Jeffrey Cavignac, James P. Schabarum, Patrick Casinelli What does the future hold for commercial insurance buyers in 2017? The insurance industry’s surplus is currently at an all-time high—increasing nearly 50 percent in the last seven years—which means rates have begun to decline. Although most underwriters are trying to hold […]

March 28, 2017

N.J. off the hook in $80M Superfund cleanup in Raritan Bay, court rules

Source: http://www.nj.com, March 27, 2017 By: Spencer Kent New Jersey is off the hook from having to pay part of a nearly $80 million cleanup of the Raritan Bay Slag Superfund Site, the state Supreme Court ruled Monday. The cleanup will cover the Laurence Harbor seawall, which, during its construction in the 1970s, caused lead […]

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