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- Pollution_insurance abstract "Pollution insurance is a type of insurance that covers costs related to pollution. This can include the costs of brownfield restoration and cleanup, liability for injuries and deaths caused by pollution.Pollution insurance usually takes the form of first-party coverage for contamination of insured property either by external or on-site sources. Coverage is also afforded for liability to third parties arising from contamination of air, water, or land due to the sudden and accidental release of hazardous materials from the insured site. The policy usually covers the costs of cleanup and may include coverage for releases from underground storage tanks. Intentional acts are specifically excluded.The largest players in this industry are AIG, XL, Ace and Zurich. One of the purposes for such insurance policies is so that when companies that cause environmental disasters go bankrupt, the victims can still be compensated. The insurance may also protect against cost overruns or regulatory changes that increase the cost of cleanup. The director of China's EPA (SEPA) has called for imposing mandatory pollution insurance on polluting industries.According to the Cato Institute, legal theories of joint and several liability (e.g. under Superfund) and requirements by courts that insurers pay to help polluters clean up their own property (regardless of the insurance contract) have hurt the pollution insurance industry; but nonetheless, the basic idea of pollution insurance remains sound. Cato claims, "With the help of insurers and risk analysts, corporate risk managers select cost-effective products and processes, which minimize the sum of insurance premiums, expected payments to victims (in excess of insurance coverage), and risk-reduction expenditures."".
- Pollution_insurance wikiPageExternalLink environmental-insurance-defined.aspx.
- Pollution_insurance wikiPageID "18013460".
- Pollution_insurance wikiPageLength "3213".
- Pollution_insurance wikiPageOutDegree "11".
- Pollution_insurance wikiPageRevisionID "677138638".
- Pollution_insurance wikiPageWikiLink AIG.
- Pollution_insurance wikiPageWikiLink American_International_Group.
- Pollution_insurance wikiPageWikiLink Brownfield.
- Pollution_insurance wikiPageWikiLink Brownfield_land.
- Pollution_insurance wikiPageWikiLink Category:Pollution.
- Pollution_insurance wikiPageWikiLink Category:Types_of_insurance.
- Pollution_insurance wikiPageWikiLink Cato_Institute.
- Pollution_insurance wikiPageWikiLink Environmental_economics.
- Pollution_insurance wikiPageWikiLink Joint_and_several_liability.
- Pollution_insurance wikiPageWikiLink List_of_environmental_issues.
- Pollution_insurance wikiPageWikiLink Superfund.
- Pollution_insurance wikiPageWikiLink XL_Catlin.
- Pollution_insurance wikiPageWikiLink XL_Group.
- Pollution_insurance wikiPageWikiLink Zurich_Insurance_Group.
- Pollution_insurance wikiPageWikiLinkText "Pollution insurance".
- Pollution_insurance wikiPageWikiLinkText "environmental liability".
- Pollution_insurance wikiPageWikiLinkText "pollution insurance companies".
- Pollution_insurance wikiPageWikiLinkText "pollution insurance".
- Pollution_insurance hasPhotoCollection Pollution_insurance.
- Pollution_insurance wikiPageUsesTemplate Template:Reflist.
- Pollution_insurance subject Category:Pollution.
- Pollution_insurance subject Category:Types_of_insurance.
- Pollution_insurance hypernym Insurance.
- Pollution_insurance type Company.
- Pollution_insurance type Type.
- Pollution_insurance type Determinant.
- Pollution_insurance type Type.
- Pollution_insurance comment "Pollution insurance is a type of insurance that covers costs related to pollution. This can include the costs of brownfield restoration and cleanup, liability for injuries and deaths caused by pollution.Pollution insurance usually takes the form of first-party coverage for contamination of insured property either by external or on-site sources.".
- Pollution_insurance label "Pollution insurance".
- Pollution_insurance sameAs تأمين_ضد_التلوث.
- Pollution_insurance sameAs m.047t8g6.
- Pollution_insurance sameAs Q7225746.
- Pollution_insurance sameAs Q7225746.
- Pollution_insurance wasDerivedFrom Pollution_insurance?oldid=677138638.
- Pollution_insurance isPrimaryTopicOf Pollution_insurance.