A Reminder to Consider the Availability of Historical Liability Insurance Policies When Facing Environmental Contamination Problems - News, Articles, and Events

A Reminder to Consider the Availability of Historical Liability Insurance Policies When Facing Environmental Contamination Problems

Albert M. Cohen

April 2007 | The Metropolitan Corporate Counsel

Click here to download a PDF of the article.

In recent years there has been considerable focus on the availability of new insurance products to address the risks posed by environmentally impaired properties. As a general matter, there are two types of products, those that cover third-party liability claims and those that are triggered when the cost to clean up environmental contamination exceeds a specified trigger.

In this article, Albert M. Cohen examines the pros and cons of considering these insurance products when dealing with property that may be contaminated.

Albert M. Cohen is a partner in the Los Angeles office of Loeb & Loeb LLP and has more than 25 years of experience handling complex environmental cases and transactions. He can be reached at .

Environmental

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