RT ECP: Articles

May 14, 2015

The new terrorism risk insurance: still a cost of doing business

Source: http://www.lexology.com, May 11, 2015 By: Danielle Renee Lowe, Dechert LLP TRIA is back. On November 26, 2002, in the wake of the September 11th attacks, President Bush signed the Terrorism Risk Insurance Act of 2002 (TRIA), and with it, breathed life into a new player in the catastrophic event insurance market: the government. TRIA created a terrorism […]

May 13, 2015

State court rules manure a 'pollutant'

Source: http://www.wisfarmer.com, May 12, 2015 By: Ray Mueller If manure becomes “a pollutant” in the form of bacteria, any resulting claims by an offended party would not have to be covered by insurance companies under a commercial general liability policy, according to a 5 to 1 ruling on Dec. 30, 2014 by the Wisconsin Supreme […]

May 13, 2015

Paulsboro pollution docs raise more questions over Exxon deal, critics say

Source: http://www.nj.com, May 12, 2015 By: S.P. Sullivan Experts hired by the state to calculate environmental damage at a former Exxon Mobil industrial site in Gloucester County put the price tag for decades of pollution at over $80 million, newly-released documents show. The release of reports on contamination at the Paulsboro petroleum terminal has become […]

May 13, 2015

Understanding litigation and court decisions: Part 5

Source: http://www.propertycasualty360.com, May 13, 2015 By: Ken Brownlee The nuts and bolts of litigation It may seem like putting the cart before the horse to discuss appellate court systems before exploring litigation mechanics, but if the cart is appellate decisions that become law, then the horse has to observe the cart if it is to […]

May 13, 2015

ACE: There is a global need for environmental and pollution protection insurance

Source: http://www.propertycasualty360.com, May 13, 2015 By: Rosalie L. Donlon Environmental coverage is one that 10 or 15 years ago only a select few companies bought, primarily manufacturers that had obvious exposures. But environmental coverage has grown into a lot more than that over the last five years, said William P. Hazelton, executive vice president, environmental […]

May 12, 2015

Woodbury County jail gets more testing amid contaminant concerns

Source: http://siouxcityjournal.com, May 9m 2015 By: Bret Hayworth State and local officials are looking for a new solution to the old problem of groundwater and soil contamination at the Woodbury County Law Enforcement Center. The building, at 407 Seventh St., is on the site of a former gas station. The contamination was believed to have […]

May 12, 2015

Harvard Reaches Agreement With Weston Over Contaminated Property

Source: http://www.thecrimson.com, May 11, 2015 By: Mariel A. Klein and Theodore R. Delwiche After almost 10 years of delays and disputes, the town of Weston and Harvard’s Arnold Arboretum have settled a lawsuit and agreed on a nearly $14 million land deal, which will include Harvard paying for partial cleanup of portions of land that contain high […]

May 12, 2015

No One Seems to Know Who — or What — Is Poisoning North Carolina Drinking Water Supplies

Source: https://news.vice.com, May 11, 2015 By: Aaron Cantu What seems like a clear case of an energy company polluting people’s drinking wells in North Carolina is actually much more complicated, thanks to the state’s rock formations. Last week, North Carolina’s Department of Environment and Natural Resources (DENR) sent another round of letters to residents living near the 32 […]

May 12, 2015

ConocoPhillips and Phillips 66 to pay $11.5 million in pollution case

Source: Los Angeles Times, May 9, 2015 Posted on: http://envfpn.advisen.com Texas energy companies ConocoPhillips and Phillips 66 will pay a total of $11.5 million to settle a lawsuit alleging that hundreds of their gas stations violated California anti-pollution laws since 2006. The civil complaint, filed in January 2013, alleged that the Houston-based companies violated state […]

May 11, 2015

One collapsed wall equals one big headache

Source: http://www.observer-reporter.com, May 10, 2015 West Greene School Board learned last month just how expensive it is going to be to build a retaining wall behind the district’s new elementary school, following the collapse of the original wall Nov. 6. The board last month approved a contractor’s proposal to build a new wall at a […]

May 11, 2015

FDA: Blue Bell knew of listeria, didn't correct problems

Source: The Houston Chronicle, May 8, 2015 Posted on: http://fpn.advisen.com Blue Bell’s listeria crisis worsened Thursday as federal regulators released documents showing Texas’ iconic ice cream maker knew about bacteria problems in its plants as early as 2013 but failed to correct them. The reports were released by the U.S. Food and Drug Administration after […]

May 11, 2015

Transformer Burns at Indian Point Reactor; Cuomo Cites Environmental Risks

Source: The New York Times, May 10, 2015 Posted on: http://fpn.advisen.com A transformer fire at the Indian Point nuclear power plant in Buchanan, N.Y. sent plumes of black smoke into the air on Saturday and raised concerns that the foam used to extinguish the flames could pose an environmental hazard. The fire at the plant, […]

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