All the headlines from our Pollution Topic Page, ordered by recency.
Oct 7 2002 // ACE Casualty Risk is entering the environmental risk market resulting in the creation of a new unit, ACE Environmental Risk. The new environmental and casualty underwriting unit will offer environmental liability products...
Oct 1 2002 // The Environmental Risk Resources Association (ERRA) will hold an Educational Event on October 9 to examine the risks connected with mold coverage and a second seminar on environmental risks on October 10.Both events are...
Sep 14 2002 // Nuts & Bolts: Zurich North America’s Environmental Group has launched its Home Environmental Protection program, which protects homeowners with residential fuel oil tanks. The coverage complements traditional...
Aug 19 2002 // Nuts & Bolts: XL Environmental Inc. is offering its fixed-cost environmental remediation policy on a surplus basis. Dollars: Limits are typically twice the projected cost of cleanup. For XL’s environmental...
Aug 6 2002 // Illinois Governor Jim Ryan appointed John Polak, president /CEO of Argonaut Great Central Insurance Company as chairman of the Illinois Dry-Cleaner Environmental Response Trust Fund for a term of three years. The fund was...
Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...
Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...
Jul 30 2002 // XL Environmental has customized an environmental insurance program to help transform a former Pennsylvania military base into a township recreational park.The program specifically addresses risk management needs and offers...
Jul 22 2002 // Nuts & Bolts: XL Environmental Inc. is offering its fixed-cost environmental remediation policy on a surplus basis Dollars: Limits are typically twice the projected cost of cleanup. For XL’s environmental...
Jul 12 2002 // A recently introduced bill that proposes to mitigate the effects of mold in homes and commercial buildings puts the proverbial cart before the horse, according to Independent Insurance Agents & Brokers of America...
Jul 8 2002 // Considering Texas has one of the most difficult insurance markets in the country right now, Insurance Commissioner Jose Montemayor comes across not at all as one might expect—an embattled public official scrambling to...
Jun 25 2002 // XL Capital Ltd announced that Rich Banas will become the new CEO of XL Environmental and XL Programs, succeeding William Kronenberg III, who is taking early retirement from the Company to pursue personal interests. Banas...
Jun 24 2002 // The St. Paul Companies have agreed to pay nearly $1 billion to settle outstanding claims and lawsuits related to asbestos. The news comes on the heels of PPG Industries’ agreement to a $2.7 billion settlement of...
Jun 24 2002 // For U.S. insurers, reinsurers, and property professionals still reeling from the $32 million a Texas jury awarded Melinda Ballard in her toxic mold lawsuit against Farmers Insurance last year and the $18.5 million a...
Jun 24 2002 // Mold. Stachybotrys. The stuff of broken refrigerators and the aftermath of floods is now the scourge of insurance companies. In the humid South, the epidemic of claims has led to actions by carriers and regulators similar...
Jun 19 2002 // Virginia-based Lindene Patton, a vice president with Zurich North America’s Specialties business unit, has been chosen to be a member of the newly formed Superfund Subcommittee to the National Advisory Council on...
Jun 10 2002 // For U.S. insurers, reinsurers, and property professionals still reeling from the $32 million a Texas jury awarded Melinda Ballard in her toxic mold lawsuit against Farmers Insurance last year and the $18.5 million a...
Jun 10 2002 // A year ago insurance consultants Tillinghast-Towers Perrin published a report that global claims settlements and jury verdicts in asbestos related cases could reach $200 billion from over a million claims “before...
May 30 2002 // The Environmental Risk Resources Association, a company devoted to expanding the use of environmental insurance as a risk management tool through education, technology, resources and networking, will present “Mold...
May 21 2002 // In the article “Underground Storage Tanks: Words Leaks Out on Cover Enforcement” appearing on the April 25 National section of the IJ Web site, it was implied that AIG and Zurch Environmental are the only major...