Category: Risk Management

environmental Strategist, between the lines: Every business is impacted by environmental exposures and 98% of the business in the United States do not have the financial strength to self insure their environmental liabilities. Below is a random sampling of environmental losses experienced by contractors. Concrete Contractor Laid an undercoat of slag while creating a new…

environmental Strategist, between the lines: With our aging infrastructure, utility services (water, power, sewer & storm water systems, waste water treatment….) causing environmental liabilities are becoming more and more common. Do your utility clients have the financial resources available to self insure or does it make more fiscal and financial sense to transfer their environmental…

environmental Strategist, between the lines: This is a mini BP, just $500,000,000 and counting, States. I wonder which contractors and sub-contractors are being sued? Clean-up continues through winter as oil spill damage lingers By CAROL THOMPSON LANSING – Cleanup efforts are still underway more than six months after 819,000 gallons of heavy crude oil spilled…

environmental Strategist, between the lines: My question is not about the penalty imposed on the city of Farmington but the resulting liability that can impact the farmers where the sludge was applied. I hope the farmers or their insurance agents made sure the City of Farmington had pollution insurance to protect the farmers from this…

A blowout at a Pennsylvania natural gas well late Tuesday could heighten concerns about the safety of a controversial process to extract gas from shale rock. The accident comes at a sensitive time for energy drillers, exactly one year after an explosion that led to the massive BP Gulf of Mexico oil spill, and just…

May 9, 2011 Ann Arbor, MI – Air pollution from industrial sources near Michigan public schools jeopardizes children’s health and academic success, according to a new study from University of Michigan researchers. The researchers found that schools located in areas with the state’s highest industrial air pollution levels had the lowest attendance rates—an indicator of…

By CHARLES WILSON Associated Press Writer April 4, 2009 INDIANAPOLIS Indiana’s methamphetamine epidemic is leaving property owners stuck with the cleanup bill long after the meth labs have been dismantled by police. An Indiana law that took effect two years ago says the cost of cleanup falls to property owners even though they likely had…

By Ken Snyder, AVP Underwriting Great American Health Care is certainly a hot topic these days. While the debate over how to best address health care unfolds what is certain is that there continues to be significant growth in the industry with new hospitals being built, existing hospitals being expanded or upgraded, and an increase…

environmental Strategist, between the lines: While Compact Fluorescent Lamps (CFL) offer energy savings there is an environmental offset to their use. CFL recycling laws will cross the country. However the big picture here is what commercial clients do you have that use Fluorescent lamps? How about your business? Fluorescent lamps have mercury in them and…

environmental Strategist, between the lines: Awareness creates demand and it’s obvious consumers are becoming environmentally aware or the insurance industry would not respond with the products highlighted in this article. Sustainability is a rising social value and therefore a business opportunity for you. What are you doing to assist your client’s on their sustainable path?…