๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Environmental risk management and the role of environmental insurance

โœ Scribed by James W. Broderick; Daniel R. Lavoie; Andrew J. Perel

Publisher
John Wiley and Sons
Year
2000
Tongue
English
Weight
76 KB
Volume
10
Category
Article
ISSN
1088-1913

No coin nor oath required. For personal study only.

โœฆ Synopsis

The recent increase in the breadth of available customized environmental insurance products offers today's professional risk managers many valuable risk transfer tools in their battle against pollution-related liabilities. Small and large companies alike face the same daunting challenge: the complex web of federal, state, and local laws, rules, and regulations, as well as common law theories of environmental liability. Traditional risk management techniques often focus more closely on environmental risk control, rather than on merging effective risk control with prudent risk financing and transfer.

This article provides a basic framework and understanding of environmental insurance and its practical application in a commercial business operation for the environmental risk management professional.

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