Category: Risk Management

Environmental Strategist, between the lines: Under federal law you own your waste from cradle to grave. If a battery recycler does not adhere to government environmental standards the facility could be turned into a superfund site. Anyone/business that sent waste batteries to the recycling facility could be responsible for any required clean up. When is…

Source: Environmental News Network An investigation by the Associated Press (AP) has revealed that the drinking water of at least 41 million people in the United States is contaminated with pharmaceutical drugs. It has long been known that drugs are not wholly absorbed or broken down by the human body. Significant amounts of any medication…

June 27, 2008 – Supply chain executives striving to green their operations are finding themselves most hamstrung by difficulties in justifying the cost of implementation, according to a new survey. The survey of 250 supply chain executives finds that of the 78% who are either currently implementing or evaluating green initiatives, close to two-thirds consider…

The developer of the Greenport Commons retail project on Route 9 in the town of Greenport, New York has been slapped with the largest stormwater penalty in the history of New York state. Widewaters Greenport Co. LLC has agreed to pay a $100,000 settlement to resolve numerous stormwater violations at the development and must also…

environmental Strategist, between the lines: Should you follow Canada’s lead? For several years I have been reading reports on bisphenol A and while the manufacturers mean no harm to their consumers, evidence is building this product may cause harm. If Canada fells it is worth restricting maybe you should learn more about how bisphenol A…

environmental Strategist, between the lines: In March 2008 the ASTM E 2600-08 Vapor Intrusion was introduced. For property owners, lenders, tenants, realtors, contractors or any others that are involved in real property this is a critical area and vapor intrusion has emerged as a significant environmental issue. ASTM 2600 should now be considered part of…

environmental Strategist between the lines: If the game that introduced all of us to capitalism is going eco-friendly, I would have say the sustainable business environment is here to stay. Environmental issues impact every business operating today. Coming to the realization that sustainability has to be included as part of every business strategy will allow…

environmental Strategist, between the lines: Share this with your excavation client’s. Even though the contractor did not cause the pollution, under federal law if you exacerbate an existing pollution condition, even if you are to aware the pollution condition exists, you are now a liable party. I wonder how much it’s going to cost the…

Michigan has created a huge opportunity for insurance agents as it relates to Brownfields. As of January 2008 Michigan now allows Environmental Liability insurance to qualify as an eligible activity for reimbursement. Why would any Michigan Brownfield not have environmental insurance on it if the cost will be reimbursed to the owner/developer? For agents outside…

Environmental Strategist, between the lines: Back in the early 90’s when I was a retail agent I called this company about the Bay Harbor Brownfield project at the former site of a large cement factory/quarry. I was told by the developers they were all set and there was no need for cost cap coverage, environmental…