By Allison McGreal, Vice President, PartnerOne Environmental In recent years, insurance carriers have been treating New York accounts like they are doing the Hokey Pokey. They’re in, or they’re out, or they are shaking it all about with exclusions. Many insurers that...
By Michelle Huitt, Assistant Vice President Dealerships and repair shops typically have aboveground storage tanks with capacities of up to 550 gallons, which means that the tanks are not regulated by the states and therefore do not require Financial Assurance. Based on th...
By Amanda Duncan, President, PartnerOne Environmental Travel around any city – big or small – and you inevitably pass by a variety of commercial, industrial, and retail properties. For instance, there are over 17,000 car dealerships throughout the USA. Over 50,000 sel...
By R. Ivy Riggs, CPCU, ASLI, AIS
Executive Underwriter, PartnerOne Environmental One of the most widely misunderstood features of an environmental insurance policy is the definition of pollutant (or in some cases pollution condition). For some, the confusion arises fro...
About the insured:
The business seeking coverage operates a convenience store with underground tanks on the property and gas pumps used for the sale of gasoline. The insured has coverage in place through the state fund, but needed coverage to cover the deductible and defens...
By R. Ivy Riggs, CPCU, ASLI, AIS
Executive Underwriter, PartnerOne Environmental When the average person hears the word “excess,” it may call to mind a host of admonitions that permeate our culture: don’t eat to excess; don’t drink to excess; or classically, ...
By Allison McGreal, Assistant Vice President, PartnerOne Environmental When a friend tells you he needs a root canal, you cringe. It sounds just awful. You empathize but are thankful it’s him, not you. Broker of Record (BOR) letters often illicit the same reaction, depe...
Helping insureds understand why environmental Is an essential part of their coverage needs By Amanda Duncan, President, PartnerOne Environmental Pollution Insurance. As a carrier, broker, or agent our job is to sell the product to an insured. We all know the insured...
