RT ECP News Center

January 7, 2022

How ESG Programs and Infrastructure Investment Are Impacting the Environmental Insurance Marketplace

Source: https://www.iamagazine.com/, January 3, 2022 By: Olivia Overman In March 2021, A.M. Best, the global credit rating agency, became a signatory to the United Nations Environment Program’s (UNEP) Financial Initiative Principles for Sustainable Insurance (PSI). These principles serve as a global framework for the insurance industry to play an ever-increasing role in addressing environmental, social and governance […]

January 7, 2022

Millennium Tower Now Tilting 3 Inches Per Year, According to Fix Engineer

Source: https://www.nbcbayarea.com/, January 6, 2022 By: Jaxon Van Derbeken The engineer responsible for the troubled fix of the Millennium Tower acknowledged Thursday that the building is continuing to tilt about 3 inches a year since work began. He also revealed that his team did not provide any instructions to the fix contractor on ways to prevent the […]

January 7, 2022

Pollution Liability Insurance Protects Contractors From Unexpected Environmental Claims

Source: https://constructionexec.com/, January 4, 2022 By: Janice Greenberg Construction professionals undoubtedly engage in a call or email conversation at least once a year with their insurance broker to discuss the company’s insurance coverages. Typically, these conversations center around whether to renew the company’s existing policies with its current insurance carriers or purchase policies from new […]

January 5, 2022

Chicken waste stench raising stink among neighbors Hidden Valley Farms spreads poultry sludge

Source: Birmingham News, January 2, 2022\ Posted on: https://www.advisen.com/ Janice Williams thought something was dead near her Morgan County home based on the smell, but she couldn’t decide what it was. “I thought the dogs might have killed an armadillo. I searched the yard for an armadillo, but then I found out where the smell […]

January 4, 2022

Louisiana energy firm to pay millions following oil spill that began 17 years ago

Source: Guardian Web, December 24, 2021 Posted on: https://www.advisen.com/ America’s longest running oil spill dispute is close to a resolution after a Louisiana-based energy firm has agreed to a proposed multi-million-dollar settlement. Taylor Energy agreed to pay more than $43m in clean-up costs, civil penalties and natural resource damage, and transfer a $432m clean-up trust […]

December 23, 2021

$475M settlement proposed in longest-running US oil spill

Source: https://abcnews.go.com/, December 22, 2021 By: Janet McConnaughey A New Orleans-based oil company has agreed to turn over a $432 million cleanup trust fund and pay an additional $43 million to settle a federal lawsuit over cleaning up abandoned wells leaking since 2004, federal prosecutors said Wednesday. “This settlement represents an important down payment to […]

December 23, 2021

Developer of 1,396ft NYC megatower on Billionaires’ Row denies the building is faulty in $125 million lawsuit brought by the board over flooding, creaking walls and malfunctioning elevators

Source: https://www.dailymail.co.uk/, December22, 2021 By: James Gordon The developer of 432 Park Avenue, the tallest apartment building in New York City that sits on Billionaires’ Row overlooking Central Park, has responded to a $125 million lawsuit that was filed by the condominium’s board earlier this year. The lawsuit alleged that the building suffered from leaks, flooding, creaking walls […]

December 22, 2021

Aliso Canyon gas leak evidence was stolen from Best Buy parking lot, Halliburton claims

Source: Los Angeles Times, December 21, 2021 Posted on: https://www.advisen.com/ When a ruptured well at Aliso Canyon started spewing toxic chemicals and heat-trapping methane gas — sickening local families and adding to the climate crisis — Southern California Gas Co. turned to another fossil-fuel giant to help stop the bleeding. SoCalGas hired Boots & Coots, […]

December 21, 2021

50 tons of PFAS soil spilled onto highway after Wurtsmith excavation

Source: https://www.mlive.com/, December 18, 2021 By: Garret Ellison Fifty tons of soil contaminated with toxic PFAS chemicals from an excavation site in northern Michigan spilled across the highway and into a roadside ditch last month when a hazardous waste truck crashed on Veterans Day. Federal officials confirmed a heavy truck carrying contaminated dirt from a cleanup […]

December 17, 2021

Two Monsanto Successor Companies Settle with EPA Regarding Pollution Sites

Source: https://lawstreetmedia.com, December 17, 2021 By: Kendall Heebink On Tuesday, the Department of Justice announced that Solutia Inc. and Pharmacia LLC, two successors to the Monsanto Company, are set to “complete the cleanup of four former landfills and waste lagoons” located in Illinois as a result of a settlement with the Environmental Protection Agency (EPA). Over the […]

December 17, 2021

Alcoa to Clean Up Remaining Surface Contamination at Former East St. Louis Aluminum Plant Under Federal Settlement

Source: https://www.justice.gov/, December 17, 2021 Alcoa Corporation and Howmet Aerospace, successors to Alcoa Incorporated, and the City of East St. Louis, Illinois, will clean up hazardous waste disposal sites surrounding Alcoa’s former aluminum manufacturing plant in East St. Louis to resolve federal liability. The settlement will require the companies to clean up radium, arsenic, chromium, […]

December 17, 2021

Grand jury: After Surfside collapse, require frequent inspections, stricter association rules

Source: Miami Herald, December 16, 2021 Posted on: https://www.advisen.com/ In the wake of the deadly Surfside condo collapse, Miami-Dade County should institute more frequent building recertification inspections, and condo associations should be required to annually certify routine maintenance and building repairs, a grand jury recommended on Wednesday. Those were among the many recommendations issued Wednesday […]

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