Source: http://www.dailyfinance.com, November 2, 2012 The ACE Group today announced the release of an environmental advisory entitled, “Legionella and Mold: Construction and Renovation Risks at Healthcare Facilities,” which explores the potential risks of pollutants, such as mold and legionella, that hospitals and healthcare facilities can experience during renovation or construction projects. The advisory examines ways […]
Read this article by Spencer Levin of XL Group regarding the potential pollution pitfalls in commercial general liability.
Source: Insurance Journal, August 29, 2012 Freberg Environmental Insurance (FEI) has formed an agreement to underwrite environmental insurance coverage with Berkley Custom Insurance Managers, LLC, a newly formed member company of W. R. Berkley Corp. In addition to writing core environmental programs for site-specific pollution liability and environmental consultants and contractors, FEI is enhancing their […]
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: 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: 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 […]
Source: Business Wire, April 12, 2012 Posted on: http://envfpn.advisen.com Great American Insurance Group’s Environmental Division is pleased to announce that it is now offering $35 million per occurrence/ $70 million policy aggregate limits of liability for its complete pollution product line. These expanded limits of liability will be offered on both a primary and an […]
Source: http://www.businessinsurance.com, March 26, 2012 By: Mike Tsikoudakis Ironshore Inc. said Monday that it has expanded its site pollution liability program with coverage for the oil and gas exploration and production sector. The expansion of Ironshore’s Site Pollution Incident Legal Liability Select program offered by its environmental insurance unit will cover crude oil and natural […]
Source: http://www.insurancejournal.com, February 3, 2012 XL Group’s insurance segment has launched enhanced pollution protection for real estate portfolios. The product will be available through the segment’s environmental team. The new product is aimed toward portfolio property owners and managers, developer and redevelopers, and real estate investment trusts (REITs). However, all types of portfolios – commercial, […]
Source: Beazley, A&E Reporter, Volume 7, Issue 1 – January 2012 In this edition of “You Asked, We Answer!” we address the question of whether a design professional should admit liability to its client if it’s obvious the design professional made a mistake on a project. From a risk management and professional liability perspective, there […]
Source: Beazley, A&E Reporter, Volume 7, Issue 1 – January 2012 New Mexico Statute Prohibits Choice of Law Provisions Design professionals performing services on projects located in New Mexico are advised that the New Mexico legislature passed House Bill 64 which enacted NMSA (1978) 57-28A-1, and applies to all construction contracts entered into on or after […]
Source: Beazley, A&E Reporter, Volume 7, Issue 1 – January 2012 By: Colleen M. Palmer, Esq. Happy New Year from Beazley Group! As we begin the new year, we take this opportunity to highlight some important case law of 2011 affecting the design and construction industry. Duty of Care: Lack of median barrier creates legal […]
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