environmental Strategist between the lines: Facebook, Amazon, Google, Alibaba… have become the latest distribution networks creating products pollution and other environmental liability exposures for your commercial insureds. Countries such as China who has brought us such contaminated products as dry wall, wood floors, lead laced children toys and Mardi Gras necklaces, dog food…, are now…
Category: Risk Management
ERMI on Contractors
Contractors continue to be the number one class of business Environmental Risk Managers, Inc. (ERMI) writes for our Partner Agencies. The vast majority of this is being driven by contracts requiring contractors to evidence Contractor’s Pollution Liability (CPL) insurance in order to perform their construction services. “Back in the day” it was not uncommon for…
Leverage your M&A’s While Better Protecting your Assets with MAPP
Merger, Acquisition & Pollution Protection (MAPP) insurance blends Representation & Warranties coverage with Pollution Insurance offering a financial assurance backstop for M&A’s. The benefits gained by making MAPP part of your M&A risk transfer strategy is why it has become part of “Best Practices”. The amazing MAPP Math Quiz below gives you the correct answer…
Natural Disaster Seasons Are a Great Time to Talk Pollution Insurance
Natural Disaster Seasons Are a Great Time to Talk Pollution Insurance 2016 NATURAL CATASTROPHES: Insured losses due to natural disasters in the United States in 2016 totaled $23.8 billion, according to Munich Re, more than the $16.1 billion total for 2015. Severe thunderstorms losses, at $14 billion, accounted for about 60 percent of the 2016 insured…
Underground Storage Tank Update
environmental Strategist®, between the lines: For years we have been talking about problems with aging tanks. I believe, since tank insurance is a low premium / low commission insurance product it does not get the attention it deserves from tank owners or insurance professionals. The link below updates what is taking place in the tank…
“Atomic City”, Las Vegas Nevada
environmental Strategist®, between the lines: Every Community has their own environmental legacy. Whether it’s just some old gas stations or dry cleaners with leaking underground tanks to the Exxon Valdez, Flint Water Crisis, Three Mile Island, Libby Montana…, every community is impacted by environmental contamination. As I travel around the country doing my live environmental…
Liability for Asbestos
environmental Strategist, between the lines: The California Supreme Court ruled unanimously that Employers who use asbestos can be held responsible for illnesses suffered by members of their workers’ households. If you are not familiar with Libby Montana, it is to asbestos what Flint Michigan has been to lead contaminated water. In Libby, asbestos miners came…
Illegal Disposal of Waste
Illegal Disposal of Waste environmental Strategist®, between the lines: As we have reported in the past, illegal disposal of waste in the United States is some tens of billions of dollars a year industry. Besides the obvious environmental damage caused by illegal disposal of waste, it also poses a huge environmental exposure upon innocent third…
Protected: What is a pollutant
There is no excerpt because this is a protected post.
Washington Law Requires Disclosure of Environmental Conditions
What is a pollutant? If you look at an insurance policy they will define a pollutant as smoke, soot, vapors, fumes, acids… I am not a scientist and so the definition of a pollutant we use at ERMI is “A material, substance or product that gets introduced into an environment for other than its intended…