Environmental Risk and InsuranceThis is the only comprehensive text on the increasingly important subject of environmental risk and insurance. The author presents many risk and insurance issues from acid rain and global warming to toxic tort law developments and the crisis with workers' compensation insurance and pollution liability coverage. This volume is the product of nearly eight years of research, which included reviewing over 250,000 pages of laws, documents, reports, and notes, as well as countless hours of investigations, interviews, and research. Basic and advanced environmental liability and insurance principles are covered, along with suggestions for financing pollution cleanups and safety programs. A new method for restructuring and improving Superfund is presented after an in-depth discussion of pertinent legal and financial issues. The book also provides local, national, and international case histories demonstrating the kinds of difficulties encountered by businesses and citizens and the solutions they have sought. All of this information, combined with the valuable charts, appendices, specimens, contracts, sample insurance policies, model letters, and certificates, makes Environmental Risk and Insurance an unmatched reference source for businesses, institutions, and government agencies caught up in the midst of analyzing their environmental risk exposures. |
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Contents
About the Author XV | 7 |
Foreword xxi | 8 |
How Environmental Pollution Can Impact Your | 8 |
A Profile of Hazardous Waste and the Hazardous | 15 |
A Summary of Financial Responsibility Provisions and Laws | 29 |
The Special Issues Concerning the Law of Toxic Torts | 91 |
Victims Compensation | 123 |
Liability and Insurance for Marine Vessels and Oil Spills | 143 |
Nuclear Liability Risk and Insurance | 165 |
Environmental Catastrophes and Insurance Systems | 189 |
The Special Issues of International Environmental | 197 |
The Special Insurance Problems Arising from | 227 |
viii | 587 |
Common terms and phrases
actions added administrator amounts apply associated authorities become called caused changes chemical claims Clean cleanup closure compensation concerning contamination continue Corporation costs court coverage covered damages disease disposal effect enforcement environment environmental risk established estimated excess expenses exposures facility fact federal firms funds further greater harmful hazardous waste human important increased industry injury involved issues kinds laws levels liability insurance limits lines loss materials matters means million natural nuclear occurred operations owners parties payments plant pollution liability pools potential present problems proposal protection regulations reinsurance release responsibility risk assessments rules safety settlement Settling sources specific standards substances Superfund tort toxic United usually victims