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RT ECP: Industry News

February 1, 2011

Do you know the environmental risks faced by a potential buyer, seller or lender of a property transaction?

Acknowledgement to XL Environmental Most property transactions require a Phase I Environmental Site Assessment by either the contractual or lender agreement but does it fully protect the parties involved? There are limitations to a Phase I in that they only provide research into the historical use of the property. Whereas a Phase II assessment’s soil […]

January 27, 2011

U.S. EPA announces first results from air toxics monitoring at Southern California schools

Source: http://yosemite.epa.gov, Release date: 10/01/2009 Contact Information: Jim Vreeland, (415) 947-4298, vreeland.jim@epa.gov The U.S. Environmental Protection Agency Region 9 announced today that the first set of results from recent air monitoring studies at three Southern California schools are now available and have been posted on the agency’s website. These schools were selected as part of […]

January 27, 2011

EPA releases data for air toxics monitoring at Berks County school

Source: http://yosemite.epa.gov, Release date: 10/01/2009 Contact Information: Bonnie Smith, 215-814-5543, smith.bonnie@epa.gov Today, the U.S. Environmental Protection Agency released initial data from air toxics monitoring outside the Riverside Elementary School in Berks County, Pa. EPA selected the Riverside School in Reading, Pa. as one of 63 schools in 22 states nationwide for air toxics monitoring. The […]

December 23, 2010

Risky Business: EPA Builds List of Potentially Dangerous Chemicals

Source: Politics Daily As the rates of learning disabilities, autism and related conditions rise, the Environmental Protection Agency is preparing to release a roster of the pollutants likely to contribute to these or other neurological disorders. In an ongoing, three-year effort, an EPA team has determined which developmental neurotoxicants — chemicals that damage a fetal […]

October 7, 2010

American Financial Group, Inc. and Its Insurance Operations Receive Rating Upgrades from S&P

Acknowledgement to Great American Insurance Group CINCINNATI–(BUSINESS WIRE)– Yesterday Standard & Poor’s Rating Services raised its financial strength ratings for AFG’s core insurance subsidiaries to ‘A+’ from ‘A’. At the same time, S&P raised its counterparty credit rating on American Financial Group to ‘BBB+’ from ‘BBB’. The outlook on all of these companies is stable.

September 24, 2010

Bed Bugs May Bite Insurers But Won't Dog Industry

Publication Date:  09/02/2010 Source:  Marketwatch SAN FRANCISCO (MarketWatch) — When dogs bite people, insurers often pay. But what happens when bed bugs bite? Bed bug infestations in the U.S. have multiplied at an alarming rate in recent years. A recent survey of almost 1,000 pest exterminators found that 95% of the firms had dealt with […]

September 1, 2010

The Risks of Renewable Energy Projects

Acknowledgement to Zurich A successful renewable energy project starts with a thorough risk analysis, along with an enterprise risk management program for the long run. Renewable energy developments on brownfield or other contaminated land is one of the fastest growing sectors of the U.S. economy. The EPA estimates that there are up to 490,000 sites […]

July 22, 2010

EPA Lead Rule Effective April 22nd

On April 22nd, 2010, the 2008 EPA Lead Rule became effective, which could potentially increase contractors’ risk for pollution liability claims. This Rule states that “contractors performing renovation, repair and painting projects that disturb lead-based paint in homes, child care facilities, and schools built before 1978 must be certified and must follow specific work practices […]

July 22, 2010

New Stormwater Rules in Effect for Construction Projects

On February 1, 2010, the EPA effluent limitations guidelines and new source performance standards went into effect. These regulations were established in December 2009 “to control the discharge of pollutants from construction sites.” According to the U.S. EPA website, the following are some of the discharges prohibited: Wastewater from washout of concrete, from washout and […]

July 22, 2010

EPA Issues New Rule to Curb Construction-Site Pollution

Dow Jones News Service (11/23/09) via Advisen The U.S. Environmental Protection Agency issued a final rule Monday aimed at reducing pollution from construction sites, saying that will significantly improve the quality of water nationwide. Read more.

July 22, 2010

City Agrees to Conduct Study On Risks of PCBs in Schools

The New York Times (1/20/10) via Advisen New York City school officials have agreed to assess the environmental risks posed by PCBs in school buildings and to come up with a plan for cleanups and for reducing potential exposure, federal officials said Tuesday.  Read more.

July 22, 2010

Gas drilling in Appalachia yields a foul byproduct

Associated Press via The Washington Examiner (2/2/10)   A drilling technique that is beginning to unlock staggering quantities of natural gas underneath Appalachia also yields a troubling byproduct: powerfully briny wastewater that can kill fish and give tap water a foul taste and odor.  Read more.

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