Monday, June 18 – Wednesday, June 20 The Society of Environmental Insurance Professionals (SEIP) is presenting their third annual conference, SEIP2018: Expanding the Market. The conference will offer focused educational forums regarding environmental insurance and other relevant topics, with the goal of expanding the sale of environmental insurance products.
On Tuesday, June 19, Roux’s Peter Alvey will present on “Solving The Problem of Insuring Pipelines,” along with Luna Bowser of Ironshore Insurance and Cindy Hunter of Navigators Group Inc. Pipelines are the safest form of transportation, but are capable of producing billion-dollar pollution losses. This panel will address the barriers between operators and the unavailability of insurance, and underwriters and a lack of demand for their products.
For more information, click here or view the full conference agenda.
Thursday, June 14 Roux will be sponsoring the Pennsylvania Environmental Council’s (PEC) Philadelphia Environmental Partnership Dinner. Regarded as the premier environmental event in Philadelphia, the dinner draws a large and diverse audience comprised of business leaders, lawyers, consultants, environmentalists, academics, and government officials. This event offers plenty of networking opportunities and will offer awards for sustainability; the Philadelphia Eagles are included among the honorees for their Go Green program.
Click here to register and learn more.
Tuesday, June 12 Perrin Conferences presents their Environmental Risk & Litigation Conference. This conference hosts speakers and panel discussions featuring leading industry experts, in-house counsel, insurance company executives, and plaintiff and defense attorneys.
Roux’s Adam Love, Ph.D. will be a conference co-chair/moderator, alongside Scott W. Henry, Esq. of Maron Marvel Bradley Anderson & Tardy LLC and Marcel Ricciardelli of Allied World Assurance Company. In addition, Roux’s Sin Senh will be presenting on “Mitigating Risk and Opportunities in Development,“ highlighting NRD and Brownfield claims and risk, redevelopment, and identification of environmental risks in the general construction industry.
For more information on the conference click here or download the conference brochure here.
Thursday, May 31 As part of The Sustainability Series, Roux’s Dana Hignell, Senior Engineer, will lead a panel of guest speakers on “Sustainability Redefining the Current and Future Pre-construction/AEC Landscape.” This event, presented by the NYS Sustainable Corp. and the National Association for Women in Construction (NAWIC), will host a panel and audience discussion of the following topics:
- Sustainability & New Plot/Land Compliance Measures
- Sustainability & Navigating Plot and New Construction
- Sustainability Climate – Re-configuring A/E/C (Architectural/Engineering/Construction) Practices
- Sustainability and Labor Specialization Demands
For more information and tickets to the event, please click here.
Complimentary Article: Approaches to Reduce Conflict When Insuring the Environmental Cleanup of Closed Military Bases Intended for Redevelopment
By Jack Baumann, Dale H. Oliver, Lydia Dorrance, Ph.D., and Adam Love, Ph.D.
Base Realignment and Closure (“BRAC”) of military bases has occurred in waves over the last few decades. Many of these properties were operational through World War I, World War II, the Korean War, the Vietnam conflict, and into the modern Cold War. As part of the United States military’s transfer of these properties to the local municipalities, which includes significant funds to clean up remaining chemicals of concern, contract terms of the transfer typically require insurance policies that have the intention of mitigating the risk of additional future cleanup costs.
This paper discusses some of the recent lessons learned regarding (1) the terms of the initial cleanup transfer agreement, (2) efforts for project scoping/set-up, and (3) subsequent implementation dynamics of the relationships between the US Military, local municipality, redeveloper, and environmental contractor.
We have a limited number of complimentary copies of this article, published in the Environmental Claims Journal and coauthored by Roux’s Lydia Dorrance, Ph.D. and Adam Love, Ph.D. To request a complimentary copy, please click on the button below:
Dubious Distribution: Asbestos Bankruptcy Trust Assets and Compensation
By Marc Scarcella and Peter Kelso for the U.S. Chamber Institute for Legal Reform
Dubious Distribution: Asbestos Bankruptcy Trust Assets and Compensation, shows that of $40 billion contributed to asbestos trusts between 2004 and 2016, $25 billion remain. In fact, of the 35 asbestos trusts operating as of early 2008, 21 of them are currently paying an average of only 60 percent of what they paid that year. The report also points out that most trusts have no contingency fee caps, and allow plaintiffs’ attorneys to collect 40 percent or more of claims paid out.
This research delves into the details of asbestos trust expenses and claim payment. The paper concludes that the depletion of trust assets will result in the systematic under-compensation of legitimate asbestos victims in the future if left unabated.
To request a complimentary copy of this paper, written by Roux’s Marc Scarcella and Peter Kelso of our Economic & Complex Analytics Practice, please click below:
Roux’s Economic & Complex Analytics (ECA) team is nationally recognized for its expertise in helping clients evaluate the legal, scientific, and financial risks associated with environmental, mass tort, and product liability litigation. Our ECA experts have analyzed a diverse set of environmental and product liability risks, including asbestos, benzene, talc, perfluorooctanoic acid (PFOA), polychlorinated biphenyls (PCBs), diacetyl, silica, isocyanate, pharmaceutical and medical devices, and many others. Overall, our analysts work to reduce risks for our clients through better forecasting and predictive modeling. Read more here