Environmental Liability and Insurance Recovery
2012
The American Bar Association’s Tort, Trial and Insurance Practice Section
just published its latest treatise, Environmental Liability and Insurance
Recovery. The book covers various environmental claims and how insurance
covers them. Collin
Hite and Kevin O’Brien authored Chapter 12, “Insured’s Response to Environmental
Liability.” This chapter focuses on how policyholders should respond to
environmental claims in order to ensure they received the insurance coverage
their companies desire under various policies. As the introduction notes, “The
financial consequence of environmental liability is potentially enormous. In
2008, for instance, the top three thousand publically traded companies accounted
for $2.15 trillion of global environmental damage.”