Aon broker Max West is a pioneer in developing environmental liability coverage for unknown formerly owned and operated properties long after they have been sold.
European insurers have taken measures to withhold the backing of coal mines and other ventures that contribute to global warming. U.S.-based insurers have been less than outspoken on the topic.
Alexander Brown, Assistant Vice President, EPIC “Just this year Alex [Brown] obtained for us a higher policy limit and realized premium savings versus expiring coverage and also obtained for us an additional $1 million limit for defense outside policy limits,” said one risk, finance and insurance manager. Brown worked with regulators to draft the language,… View Article
Experts have developed a rating system for a newly studied weather phenomenon called atmospheric rivers — long, narrow collections of water vapor that cause rain and snow.
For industrial sites with CAT exposures, the environmental market is no longer soft terrain. Toxic release after storms is proving to cost companies millions.
Mother Nature keeps throwing catastrophic storms at us, yet we continue to push through our days without taking the time to hear what she’s saying to us.
PFAS have lingered in the water for decades, but regulators are just now realizing their potentially dire effects on human health. Litigators aren’t waiting to hold manufacturers responsible.
More states are requiring schools to test drinking water for lead. Doing so puts them on the hook for costly remediation and opens them up to liability exposure.
Decentralization of power generation and a rapidly shrinking talent pool are risks that utility companies will continue to grapple with for years to come.