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Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Policy Research and Insurance
Publisher:
ISBN:
Category : Hazardous waste sites
Languages : en
Pages : 438
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Policy Research and Insurance
Publisher:
ISBN:
Category : Hazardous waste sites
Languages : en
Pages : 438
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Book Description
Author: Katherine N. Probst
Publisher: Routledge
ISBN: 1135889147
Category : Nature
Languages : en
Pages : 78
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Book Description
While more than 2,700 emergency removals of hazardous materials have taken place under Superfund, implementing the long-term cleanup program has been the object of considerable controversy. One of the most contentious issues is whether the liability standards in the law should be revised. The authors analyze the pros and cons associated with the current liability approach, as well as with a variety of alternative strategies.
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Policy Research and Insurance
Publisher:
ISBN:
Category : Hazardous waste sites
Languages : en
Pages : 312
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Book Description
Author: Jan Paul Acton
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
Lloyd Dixon, a RAND economist, recently testified before the U.S. House of Representatives Committee on Public Works and Transportation regarding transaction costs involved in the cleanup of hazardous waste sites. Transaction costs are those that do not contribute directly to the understanding or cleanup of a site. Insurer transaction costs, he stated, were high: 88% of the total expenditures. They were split between coverage disputes and defense of policyholders. For large firms who were potentially responsible parties (PRPs), transaction costs, primarily for legal counsel, averaged 21% of total outlays, but decreased proportionally as cleanup progressed. These costs varied across sites, averaging 7% of the total where only a single PRP was involved and 39% were multiple PRPs were. Dixon concluded his testimony by suggesting that these facts may not tell much about the future, since insurance coverage issues are still unresolved, PRPs involved in cleanup may yet sue non-participating PRPs, and insurers may pursue their reinsurers as their own losses mount.
Author: Howard Kunreuther
Publisher: Springer Science & Business Media
ISBN: 9400921772
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
A challenge facing society today is how to develop a meaningful strategy for integrated hazardous waste management. Meeting this challenge was the principal motivation for the conference on "Risk Assessment and Risk Management Strategies for Hazardous Waste Storage and Disposal Prob lems," held at the Wharton School of the University of Pennsylvania on May 18-19, 1988. The conference brought together representatives from the major interested parties - environmentalists, government, insurance, law, manufacturing, and the university community - who have been con cerned with the waste management process. The conference was the third cosponsored by the Wharton Center for Risk and Decision Processes addressing the knotty problem of hazardous waste. The first, held at the International Institute for Applied Systems Analysis in 1985, examined the transportation, storage, and disposal of hazardous materials. It suggested steps that industry, insurers, and gov ernment agencies could take to improve the safety and efficiency with which hazardous materials are produced and controlled in industrialized societies. Specifically, it focused on the risk-management tools of insurance, com pensation, and regulation. xv xvi PREFACE The second conference, held at the Wharton School, University of Penn sylvania in 1986, concentrated on the role of insurance and compensation in environmental pollution problems. It characterized a set of problems related to the environmental pollution liability insurance crisis as presented by key interested parties and proposed a set of research needs for providing a sound basis for constructing socially appropriate measures to deal with the problem.
Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788110818
Category : Technology & Engineering
Languages : en
Pages : 78
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Book Description
Reports on the availability of pollution insurance for the owners and operators of hazardous waste facilities -- that treat, store, or dispose of hazardous waste. Also discusses the availability of closure and postclosure insurance for these facilities and compares the costs of insurance for land disposal facilities with those in 1988. Also discusses the views of insurance providers and EPA officials regarding the use of trust funds as an alternative mechanism to provide the financial assurance required under RCRA. Bibliography. 24 charts and tables.
Author:
Publisher: Section of Tort & Insurance Practice Law
ISBN:
Category : Construction contracts
Languages : en
Pages : 180
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Book Description
"Drawn from papers presented at TIPS annual meeting, August 1991, Atlanta, Ga."--T.p.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pollution liability insurance
Languages : en
Pages : 76
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Book Description
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781720456117
Category :
Languages : en
Pages : 28
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Book Description
Potential Liability of Property/Casualty Insurers for Costs of Cleaning Up Hazardous Waste Sites
Author: John B. Stephenson
Publisher: DIANE Publishing
ISBN: 9781422302675
Category : Law
Languages : en
Pages : 92
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Book Description
The burden of cleaning up Superfund & other haz. waste sites is increasingly shifting to taxpayers, part'y. since bus. handling haz. sub. are no longer taxed under Superfund & the backlog of sites needing cleanup is growing. While environ. laws rely on the polluter paysÓ principle, the extent to which liable parties cease oper. or restructure can directly affect the cleanup costs faced by taxpayers. This report: determines how many bus. with liab. under fed. law for environ. cleanups have declared bankruptcy, & how many such cases the gov't. has pursued in court; identifies challenges the EPA faces in holding bankrupt & other financially distressed bus. resp. for their cleanup oblig.; & identifies actions that EPA could take to ensure that bus. pay for their cleanups.
