Source: http://www.businessinsurance.com, November 22, 2015 By: John J. Heft, New Day Underwriting Managers LLC A rebounding industrial real estate sector only emphasizes the need for insurance to cover pollution legal liability, even the hint of which can derail a property sale. John J. Heft, a senior vice president and the director of the real estate […]

Source: https://kobi5.com, November 17, 2015 By: Lyle Ahrens A $30,000,000 dollar cleanup project is scheduled to get underway next year on an asbestos-contaminated subdivision in Klamath Falls. North Ridge Estates homeowner Gail Bailey says the cleanup project has been a long time coming… “It’s been so many years, that yes – we are glad.” The […]

Source: http://www.lexology.com, November 12, 2015 By: Jeanine L.G. Grachuk, Beveridge & Diamond PC The Massachusetts Department of Environmental Protection (“MassDEP”) has been updating its policy and guidance to address improvements in scientific understanding as well as its experience in addressing site contaminants.  As we previously reported, significant changes to the Massachusetts site cleanup regulations, known locally […]

Source: http://www.thedaonline.com, November 16, 2015 By: Robert Lee, Ethan Rohrbaugh & Madison Smith Morgantown’s drinking water faces a threatening levels of a chemical byproduct from fracking that can cause cancer, experts say. By itself, bromide, a salt compound that is naturally occurring and also found in discharges from fracking and mining, is of little concern. […]

Source: http://www.jdsupra.com, November 12, 2015 By: Kristin Suga Heres, Zelle Hofmann Voelbel & Mason LLP On March 1, 2015, television news magazine “60 Minutes” aired a report concluding that Chinese-manufactured laminate flooring sold by Lumber Liquidators contained and “off-gassed” formaldehyde at levels exceeding health and safety standards promulgated by the California Air Resources Board (CARB). […]

Source: http://www.courant.com, November 13, 2015 By: Peter Marteka The town will keep its pollution liability insurance policy on the old tank farm for another five years, but will lower it to $3 million. The farm – more than a dozen huge, rusting oil tanks – was once located where the Riverfront Community Center and fairgrounds […]

Source: http://www.info.gibsonins.com/blog/, August 19, 2015 Pollution liability should not be overlooked. Claims, and the costs associated with those claims, can be expensive. They can test the financial stability of even the best of companies. Standard commercial general liability policies will often exclude coverage for the escape of pollutants and the associated clean-up costs. In many […]

Source: http://www.startribune.com, November 12, 2015 By: Jessie Van Verkel Negotiations between owner and state unsuccessful so far. Any company or municipality that used a Burnsville landfill over its two decades of operation could be on the hook to help pay millions to clean it up if the property owner and the state can’t agree on […]

Source: http://www.fox9.com, November 11, 2015 By: Tom Lyden After it opened in 1917, the Reilly Tar Company in St. Louis Park, which was also know was the Republic Creosoting Company, churned out creosote, a chemical used to preserve wood products like rail road ties. However, while the company was humming along, it was also churning […]

Source: http://ecowatch.com, November 11, 2015 By: Lorraine Chow Embattled agritech giant Monsanto is facing fresh litigation over harm caused by polychlorinated biphenyls (PCBs), a highly toxic chemical that the company manufactured decades ago. The city of Oakland, California filed a lawsuit that holds Monsanto accountable for allegedly contaminating of the city’s storm water as well […]

Source: http://www.lexology.com, November 5, 2015 By: Alexander J. Bandza, Jenner & Block PRACTICAL POLICYHOLDER ADVICE Insurers cannot always rely on broad, general exclusions, particularly when specific exclusionary language exists and is used in the insurance marketplace. Certain jurisdictions interpret the pollution exclusion more expansively than others, see, e.g., Certain Underwriters at Lloyd’s London v. C.A. […]

Source: http://www.constructionbusinessowner.com, November 2015 By: Jeff Slivka, New Day Underwriting Managers LLC Consider these insurance trends when working with design firms The American Institute of Architects’ (AIA) semi-annual Consensus Construction Forecast recently projected that spending will increase by nearly 9 percent this year, with another 8 percent gain in 2016. Size is also an issue. […]