Source: Business Wire, July 11, 2012 Posted on: http://envfpn.advisen.com The Chartis insurers today announced the addition of PLL Power Pack ProtectSM to enhance their NextGen Protection suite of industry specific insurance products. PLL Power Pack Protect is designed to address environmental exposures associated with ancillary assets such as transmissions systems in the power generation industry. Power generation […]

Source: http://www.propertycasualty360.com, March 15, 2012 By: Michael P. Voelker But brokers/carriers are optimistic about increasing demand driven by Premises coverage, international growth For weeks on end in 2010, live footage of a ruptured pipeline spewing oil underwater in the Gulf of Mexico served as a 24/7 reminder of the potential for environmental devastation. Underwriters and […]

Source: JDSupra, July 3, 2012 By: Trenam Kemker Attorneys A recent decision of the Florida 1st District Court of Appeal has held[1] that a landowner who purchased commercial property with known existing underground petroleum contamination failed to qualify for both the so-called “Innocent Purchaser Defense” and the “Acts of Third Parties” defenses to liability under the […]

Source: Lodi News-Sentinel, June 27, 2012 Posted on: http://envfpn.advisen.com A Lodi bakery has agreed to pay $1.3 million in fines and new equipment after an investigation discovered that the business was releasing harmful chemical vapors into the air. According to a press release from the Environmental Protection Agency, Ralcorp’s Cottage Bakery, located on South Stockton […]

Source: http://www.agentsofamerica.org By: Michael Zigelman, Esq. and Kirsten Ennis, Esq. of Kaufman Dolowich Voluck & Gonzo LLP Although New York City real estate landlords and co-op and condo board members typically do not inhabit the properties they own and manage, a recent First Department decision gives them reason to fear the impact of mold infestation. After […]

Source: XL Group Insurance, Construction Insider By: Laura Wagner, Vice President Construction Practice Construction activities pose a variety of environmental risks. Construction equipment and materials brought to the jobsite, including fuels, solvents, adhesives, concrete, paint, pesticides, sealers, thinners, and waterproofing agents, all have the potential for environmental impact if mishandled or stored improperly. Water intrusion […]

Source: XL Group Insurance, Construction Insider By: Cathy Cleary, Esq., AIC, RPLU, CRIS, Executive Underwriter, Environmental They say a fine wine gets better with age–a claim however does not. Most insurance policies require the insured contractor to provide their insurance carrier with notice of a claim made against that carrier “immediately”,” promptly” or “as soon […]

Read here about a popular candy maker who has agreed to a nearly $600,000 settlement in Clean Water Act Violations.

Read here about a Pennsylvania builder who was fined over $700,000 for pollution.

Source: Canadian Underwriter, June 20, 2012 The percentage of clients buying environmental insurance has increased in recent years, although there has been a parallel decrease in the amount of limits purchased, a recent report from Marsh Inc. indicates. “With increasing frequency, companies are requiring their contractors to carry environmental insurance — regardless of the contractor’s […]

Source: Insurance Journal, June 11, 2012 Colony Specialty, a member of Argo Group International Holdings, Ltd., is now offering business auto coverage in conjunction with its general liability and pollution coverages through their environmental division. The admitted product targets operations including: the fleets of environmental contractors and consultants, environmental facilities, restoration contractors, and environmental products […]

Source: National Law Review, June 11, 2012 By Alice Su, Center for Public Integrity The EPA issues a $1 million fine against a global plastics producer for alleged Clean Air Act violations in Alabama and Indiana. The Environmental Protection Agency has issued a $1 million fine against a global plastics producer for alleged Clean Air […]