Clarity Support 
Navigating the complexities of policy recovery can be daunting for property and/or business owners who are facing environmental liabilities from historical operations and activities. Assignment of claims (AOC) is a tool that can make historical insurance policies available to a future property owner or business owner and, when deployed properly, can streamline any buy/sell process. … Read more
When evaluating a property for purchase, development, or refinancing, one of the most critical steps is understanding its environmental history. A Phase I Environmental Site Assessment (ESA) helps identify potential contamination risks that could result in costly cleanup obligations. Owners and Buyers view an ESA as a due diligence tool, and Lenders require it to … Read more
One of the most important distinctions in liability insurance is whether a policy is written on a claims-made or occurrence-based form. This difference determines when coverage applies—and for businesses and property owners facing environmental liabilities, it can decide between a covered claim and an uncovered loss. An occurrence-based policy is critical for funding the environmental … Read more
The liquidation of Arrowood Indemnity Company represents a critical moment for policyholders, particularly those with environmental and injury-related claims. As a runoff entity responsible for managing long-tail liabilities, Arrowood’s insolvency has left many policyholders facing uncertainty. This article focuses on the proof of claims process, a crucial step for those seeking to recover losses from … Read more
Environmental risk transfer is a strategic tool that allows businesses to shift the responsibility for environmental damages, such as contamination or pollution, to a third party, minimizing financial exposure while addressing legal and regulatory obligations. However, many companies have liabilities tied to past operations, which may be decades old. That’s where insurance archeology becomes invaluable. … Read more
As environmental concerns continue to grow and regulations become stricter, understanding and managing environmental liability is critical for companies across industries. Environmental liability refers to the legal responsibility that businesses and individuals hold for the environmental damage they cause. This can include contamination of soil, air, or water, improper disposal of hazardous materials, or violations … Read more
Real estate remediation is the process of identifying, addressing, and rectifying environmental or structural issues within a property to restore or preserve its value. The need for remediation can arise from various sources, such as environmental contamination, structural damage, or previous industrial use. Whether you’re a property owner looking to sell, a buyer assessing potential … Read more
Environmental remediation is defined as the comprehensive process dedicated to removing hazardous materials and pollutants from various environmental media such as soil, water, and air. This critical field addresses contaminated sites – areas that have been polluted by substances that may pose a risk to public health or the environment. The primary goal of remediation … Read more
In the context of hazardous waste management, “cradle-to-grave” refers to the comprehensive responsibility that hazardous waste generators have over the entire lifecycle of the waste they produce. This concept ensures that from the initial generation of hazardous material, through its treatment, storage, and eventual final disposal, generators must manage the waste safely and in compliance … Read more
Explore the crucial role of specimen policies in insurance risk management, offering insights into legal support and historical policy analysis.
