Many small business owners or drycleaners and manufacturing companies know that old general liability policies can provide a defense, even an indemnity, against environmental claims. The net effect of such a defense can translate into payment and funding of necessary site investigation, legal, and remediation costs. To put it into business terms, a dry cleaner […]
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Do You Know Your Company’s Most Valuable Assets? By: Steve Henshaw and Jeff Carnahan
When executives talk about a company’s assets, they generally refer to people, property, buildings, equipment, clients, job contracts and intellectual property. I’m sure there are more, but how often do executives think that some of their greatest and most valuable assets are old insurance policies that were purchased 10, 20, even 50 years ago? It’s […]
EPA OFFICIALLY CHARACTERIZES PERCHLOROETHYLENE AS ‘LIKELY HUMAN CARCINOGEN’
On Friday, February 10, the U.S. Environmental Protection Agency (EPA) published the final health assessment for perchloroethylene (Perc) to the EPA’s Integrated Risk Information System (IRIS) database. EPA’s IRIS is a human health assessment program that evaluates risk information on effects that may result from exposure to environmental contaminants. Perc is a chemical solvent widely […]