Source: http://renewalredevelopment.com, September 2015 By: Patrick Mahoney, Great American Insurance Group Property owners, developers and contractors can all proceed with projects and engage the process with coverage that pinpoints point of need. Redevelopment of a brownfield property, whether it be for a high-profile stadium or a small apartment complex, requires the coordination of efforts between […]

Source: http://renewalredevelopment.com, September 2015 By: Barry R. Geisler,Esq., Great American Insurance Group In these challenging economic times, there are many impediments for those seeking to sell or acquire properties, especially those with potential environmental contamination. Access to capital and stricter lender underwriting standards are often cited as significant hurdles to buyers. Increasingly, environmental impairment liability […]

Source: http://www.rmmagazine.com, August 25, 2015 By: Peter A. Halprin, Anderson Kill From the early 1990s through the early years of this century, pollution legal liability (PLL) insurance policies were increasingly specialized. The policies were marked by detailed underwriting and tight targeting of specific types of policyholders. Then as now, the scope of such coverage often […]

Source: http://www.ibamag.com, October 12, 2015 A prominent insurance company is now offering project-specific endorsements for sophisticated participants in the US construction market. The new endorsements from Ironshore Specialty Casualty’s construction unit are available for wrap (OCIP and CCIP), project specific and owner’s interest developments, providing coverage options for project owners, general contractors, joint venture entities […]

Source: http://insideclimatenews.org, October 13, 2015 By: Lisa Song Research in Pennsylvania shows increased chemicals, but they are not coming from deep underground, making them easier to target. Residential water wells near Marcellus shale fracking in northeast Pennsylvania were more likely to contain higher levels of diesel-like chemicals, especially if the gas well had a history […]

Source: http://www.lawfuel.com, October 12, 2015 Whether you are a property owner, general contractor, or subcontractor, understanding wrap-up insurance programs—when to consider one, what they insure, and how they affect the project—is vital to a construction project’s success. From bidding to managing, a wrap-up insurance program can affect almost every aspect of a construction or renovation […]

Source: Watertown Daily Times (NY), October 10, 2015 Posted on: http://envfpn.advisen.com Mark C. Hall said he believes it will take at least another decade before all of the concrete buildings are torn down at the defunct Jones & Laughlin Steel Corp. Still, he described last week’s demolition of the first building as a monumental step […]

Source: http://abc7ny.com, October 7, 2015 By: Kristin Thorne Cooling towers in at least seven Long Island school districts have tested positive for the presence of the bacteria that causes Legionnaires’ disease. The Legionella bacteria was found in the Mount Sinai, Sachem, Middle Country, Smithtown, Hauppague, Connetquot and Port Washington school districts. School officials say the […]

Source: Standard-Speaker (Hazleton, PA), October 5, 2015 Posted on: http://envfpn.advisen.com Pouring a chemical into wells at a Superfund site in the Valmont Industrial Park is neutralizing a hazardous substance that leaked into ground water decades ago, the project manager overseeing the cleanup for the U.S. Environmental Protection Agency said. Brad White, the manager, also said […]

Source: Dow Jones News Service, October 6, 2015 Posted on: http://envfpn.advisen.com Patriot Coal Corp. and state regulators overseeing its West Virginia mines on Tuesday struck a deal that provides $50 million to cover cleanup costs and resolves a sticking point to the coal company’s efforts to move forward with its debt-payment plan. The West Virginia […]

Source: http://www.lexology.com, September 30, 2015 By: Harry Z. Rippeon, III, Smith Currie & Hancock The success or failure of many construction projects depends on accurate risk evaluation.  How well a party can evaluate, shift, or price risk can be a determining factor in the project’s overall success and the party’s financial well-being.  Under traditional project […]

Source: http://greenwichfreepress.com, October 5, 2015 On Monday night the Greenwich Superintendent of Schools, Dr. William McKersie, emailed parents and staff to say that on October 1, the three schools in town with cooling towers — GHS, ISD and Riverside — were tested proactively in light of recent reports of Legionnaire’s disease in the Bronx. The […]