Category: Risk Management

environmental Strategist, between the lines: Share the following with any client’s you have than can be responsible for designing or maintaining storm water systems. The potential liability created through this court decision is probably not covered by your standard insurance program for your impacted client’s. Impacted businesses should take a proactive approach by making sure…

A survey done to more than 750 top CEOs reveal that 93% regard sustainability as a critical issue to their company’s future success, reports Envido. www.envido.co.uk 1-020-7199-0090 A major global survey of 750 chief executives undertaken by Accenture in partnership with the UN Global Compact initiative, revealed that 93% believe sustainability is critical to their…

environmental Strategist, between the lines: I have been talking for years how storms water runoff is a big exposures for any insured you work with that owns property, performs construction, farms, etc.. Here is a simple example to share with your insured’s about a manufacturer that created a storm water problem through their air emissions.…

Every Business Is Impacted by Environmental Exposures On January 13, 2010 USA Today reported that Wal-Mart, Claire’s will pull jewelry from China containing cadmium. USA Today went on to say “Two chain stores are pulling jewelry that lab tests show contained high levels of the heavy metal cadmium. Jewelry and accessories store Claire’s, with nearly…

environmental Strategist, between the lines: Michigan alone has 9,000 leaking underground storage tanks that we know about but do not have the money to clean them up. This means in Michigan at a minimum, we have 9,000 locations that can cause vapor intrusion just from tanks. How many more don’t we know about? The questions…

environmental Strategist, between the lines: Vapor intrusion is one of the environmental hot topics we discuss with our agency network because it can impact any property owner. A few years ago ASTM, the society that establishes the guidelines for Phase I and Phase II environmental reports, came out with ASTM 2600 to address vapor intrusion…

environmental Strategist, between the lines: Brownfields for insurance agents are like annuities. Let me expand on this, first you help them with the pollution insurance for financial assurance (refer to attached document) and once they complete the Brownfield, there is a need for P&C insurance products to protect the new development. A majority of cities…

Policy makers, environmentalists like to congratulate themselves on the “victory” over acid rain. As this American success story is usually told, acid rain’s effects were addressed by a 1990 update to the Clean Air Act that created a cap-and-trade system focused on sulfur dioxide emissions from coal-fired power plants. Since the system was implemented, sulfur…

Nearly 40 years after the first Earth Day, this is irony: The United States has reduced the manmade pollutants that left its waterways dead, discolored and occasionally flammable. But now, it has managed to smother the same waters with the most natural stuff in the world. Animal manure, a byproduct as old as agriculture, has…

By Steven J. Smith, AVP Underwriting Given the wide variety of meats, processed foods and produce distributed across the United States, cooling and preserving these consumables at the point of origin and shipping is paramount for businesses. While cold storage facilities are becoming more common, the environmental exposures related to these facilities are not. Cold…