Thursday, July 12, 2012 at 11am EDT
Property owners cannot avoid environmental exposures. Even the most conscientious and risk adverse owners can inadvertently stumble into an environmental nightmare. However, by understanding their exposures and being diligent about environmental risk management, property owners can reduce the likelihood of having a serious problem, and will be better prepared to respond effectively if a problem arises.
This report, sponsored by Allied World, explains the environmental exposures faced by property owners, their potential liabilities and the most effective risk management and insurance strategies.
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Property owners cannot avoid environmental exposures. While they undoubtedly would prefer to concentrate on running their businesses without the distraction of environmental risk issues, the risks are real, and the outcomes of pollution events are potentially devastating. Whether as a result of their own operations, the activities of tenants, or the actions of contractors, property owners may find themselves facing potentially ruinous liabilities for situations they knew little about or over which they had little or no control.
Even the most conscientious and risk adverse owners can inadvertently stumble into an environmental nightmare. However, by understanding their exposures and being diligent about environmental risk management, property owners can reduce the likelihood of having a serious problem, and will be better prepared to respond effectively if a problem arises.
This report, sponsored by Allied World, explains the environmental exposures faced by property owners, their potential liabilities and the most effective risk management and insurance strategies.
Sponsored by: