Publication Summary

Title

Insurance and Pollution Prevention Standard Business Insurance: What It Is and How It Deals With Environmental Pollution

Month-Year PublishedJanuary 1999
Online Availability
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Short Description

What potential damages and liabilities to a firm may result from its use or generation of hazardous substances?

(Also see abstract below)
Publication Number99-440
Author(s)Parker, Jerry
ContactPublication Coordinator, (360) 407-6745
Print Availability
Request from the program.
Number of pages 4
Keywords business, environmental, insurance, pollution prevention
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Abstract Long Description

What potential damages and liabilities to a firm may result from its use or generation of hazardous substances?

Potential damages and liabilities resulting from the illegal or unintended release into the environment of hazardous substances can be divided into three major categories: - fines and administratively mandated cleanup costs; - common law (tort) actions by third parties affected by illegal or unin-tended releases; and - damages to property or operations experienced directly by a firm as a result of its release of hazardous substances.

This page last updated August 1, 2011