This property has a documented history as an industrial and manufacturing facility going back to 1948. Historical insurance policies issued during those prior operations and through 1986 could help fund the cleanup that lies ahead.

Why Historical Insurance Policies May Be Accessible

Pre-1986 Commercial General Liability (CGL) policies were occurrence-based and did not contain an effective pollution exclusion in Oregon — and those policies may provide coverage that remains enforceable today. If contamination occurred while those policies were active, those historical insurance carriers may still have a legal obligation to fund the cleanup costs, even if the business closed or the property changed hands.

PCP contamination at this property traces to wood treatment operations that began in the early 1950s and ran through at least the early 1990s, with more than three decades of contaminating activity occurring before 1986. The investigation, groundwater remediation, and long-term monitoring costs this property still faces — underscored by a 2017 EPA Brownfields grant for redevelopment planning, continued listing on Oregon DEQ's Confirmed Release List, and no completed remediation to date — are precisely the type of future obligations that historical pre-1986 carriers may be obligated to fund.

Restorical's role is to locate viable historical policies, determine whether a successful coverage claim is possible, and assist our clients and their legal counsel to obtain insurance coverage. Restorical then manages the claim, including accounting, to ensure the cleanup is funded in a timely manner.