Source: http://www.marketwatch.com, May 24, 2012 Allied World Assurance Company Holdings, AG /quotes/zigman/3001209/quotes/nls/awh AWH -0.05% announced today that Allied World U.S. has launched a new product and risk management service for its Environmental insurance policyholders. The new Contractors Professional and Pollution Liability (CPP) Policy is part of Allied World’s expanded product offering for the Construction industry. The company […]

By:  Jeff Slivka, New Day Underwriting Managers, LLC Posted on:  http://www.irmi.com The world of sustainable construction is constantly evolving with the introduction of new green construction products and the rising interest in Leadership in Energy and Environmental Design (LEED)-certified projects. Approximately 20 different states have green buildings codes with a new array of “eco-friendly” products […]

Read this article from Cozen O’Connor here.

Source: Business Insurance, May 17, 2012 By: Judy Greenwald Vermont became the first state in the country to ban the controversial practice of hydraulic fracturing, which is widely known as fracking, when Gov. Peter Shumlin signed the ban into law Wednesday. Hydraulic fracturing is a process that uses high-pressure water, sand and chemicals to free […]

Source: Business Wire, May 15, 2012 Posted on: http://www.marketwatch.com U.S. Shale Boom Highlights the Intersection between Public Concern and Industry Efforts The U.S. oil and gas industry is booming under the vast potential of its shale reserves, but it also faces the increased scrutiny and responsibility that comes with drilling in the public’s backyard. An […]

Source: http://newsandinsight.thomsonreuters.com, May 16, 2012 By: Thomas F. Segalla, Andrew J. Scholz and Matthew D. Cabral (Thomas F. Segalla is a founding partner of Goldberg Segalla LLP in Buffalo, N.Y. Andrew J. Scholz is special counsel in the firm’s White Plains, N.Y., office and Matthew D. Cabral, an associate in the firm’s Albany, N.Y., office)1 The […]

Source: Pittsburgh Post-Gazette, May 15, 2012 Posted on: http://envfpn.advisen.com Well water tests in the northeastern Pennsylvania town of Dimock have not found unsafe levels of contamination from Marcellus Shale gas drilling that warrant further action, according to federal environmental regulators. U.S. Environmental Protection Agency test findings released last week for 12 homes, found one with […]

Source: http://www.lexology.com, May 9, 2012 By: Laura A. Foggan, Jeremiah Galus and Samuel B. Gedge, Wiley Rein LLP On April 20, 2012, the Supreme Court of Virginia, applying Virginia law, held that pollution exclusion endorsements in first-party property policies barred coverage for the insured’s product losses caused by contamination of infant formula resulting from a manufacturing […]

Source: Reuters, May 11, 2011 Posted on: http://news.yahoo.com By: Braden Reddall and Ben Berkowitz From water worries to well blowouts, the inherent risks of oil and gas extraction are often played down by those in the business. But another group of profit-seekers has every reason to keep a close eye on dangers for drillers: their […]

Source: http://www.lexology.com, April 17, 2012 By: Stevi Raab, Sedgwick LLP In Travelers Prop. Cas. Co. of America v. Chubb Custom Ins. Co., 2012 U.S. Dist. LEXIS 44756 (E.D. Pa. Mar. 30, 2012), the U.S. District Court for the Eastern District of Pennsylvania, applying Pennsylvania law, considered whether noxious odors emanating from a pig farm were […]

Source: The USGlass News Network, May 10, 2012 By: Penny Stacey The recovery is underway. This was the general consensus among experts participating in a recent webinar that focused on the economy and the construction market. “We have seen a steep decline in nonresidential construction,” said Kermit Baker, chief economist for the American Institute of Architects (AIA). […]

Source: Construction Executive, May 2012 By: Paul Breitner and Doron Weiss The feeling of accomplishment that accompanies the completion of a new condominium building can sour when buyers raise claims of construction defects after closing on their units. A dream project can quickly become a nightmare if flaws, either patent or latent, are discovered after the […]