Author(s): V Fogleman
Date: 2005
ISBN: 1-85609-303-4
Pages: 2,044
Publisher: Witherbys
Description: Companies, their officers and directors as well as other individuals and entities risk incurring substantial costs, the loss of reputation or, in some cases, criminal sanctions if they fail to consider environmental liabilities in their operations and commercial transactions. The liabilities have become ever more numerous and complex; a trend that shows no sign of abating in either England or the United States. Advisors who are called on to alert their clients to environmental liabilities and to enable them to avoid, mitigate or transfer them include accountants, insurance brokers, lawyers and surveyors as well as more traditional environmental advisors such as environmental consultants and engineers.
Environmental Liabilities and Insurance in England and the United States analyses civil and criminal environmental liabilities, programmes to clean up contamination and to redevelop contaminated sites, claims for bodily injury and property damage from exposure to pollutants and associated topics in order to explain their implications for individuals, commercial and industrial companies, organisations, the insurance industry and their advisors. The book also examines cover for environmental liabilities in public liability, property and other general
insurance policies as well as policies that have been developed specifically to provide such cover.
A major purpose of examining environmental liabilities and insurance in both England and the United States is to enable comparisons to be made between the liability systems, programmes and policies in both countries. The environmental legislation may be, and often is, substantially different but its effects are frequently the same. Similarly, issues regarding cover for environmental liabilities in insurance policies on both sides of the Atlantic are
frequently the same despite the difference in wordings. Due to the wide range of individuals who must understand environmental liabilities and insurance, the book is written for persons who do not specialise in either topic as well as those who do.