Environmental problems can be a costly area given ongoing and growing issues around stricter regulations. Legislation around environmental concerns is constantly expanding and companies and individuals are seeing the need to avoid and deter pollution. As the legal ramifications and possible costs grow, so do the cleanup and remediation requirements, which are but a few of the risks inherent on a larger scale. In the everyday, environmental issues are present in growing concerns and threats such as mold, dust, fuel spills and storm runoff. The same can be said of longstanding areas of concern such as asbestos and lead paint remediation.
Our carriers offer the services of environmental insurance specialists who also offer advice on how to address these concerns. Traditional policies for simple operational exposures, as well as more complex and customized programs can be designed for merger, acquisition or liability relief transactions are available.