Use and Evolution of the Claims-Made Policy Form in Environmental Insurance: Selected Issues

Autor:	David M. Siesko Esq., Neil Weiss Esq.
Rok vydání:	2008
Předmět:	Government Actuarial science Liability Devaluation Economics Environmental liability Liability insurance Obligation Management Monitoring Policy and Law Market share Environmental stewardship
Zdroj:	Environmental Claims Journal. 20:39-53
ISSN:	1547-657X 1040-6026
DOI:	10.1080/10406020701845890
Popis:	Environmental risks have two basic components: the policyholder's obligation to clean up contaminated property and the policyholder's potential liability to third parties, including the government, resulting from environmental damage. The environmental risks for which policyholders seek coverage include environmental cleanup costs, third-party bodily injury claims, third-party property damage or devaluation claims, fines/penalties for noncompliance, or loss of market share due to lack of environmental stewardship. To be certain that all aspects of potential environmental liability are covered, an expert insurance consultant or broker should be retained to plan the program, analyze policy language and execute the purchase in the most cost effective way.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::3aa0313af5f26aab246db7fba0a680ae https://doi.org/10.1080/10406020701845890 Zobrazit plný text záznamu