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Re: Insurance Cost Savings for Printers as a Result of

Future liability is very difficult to estimate with any accuracy and winds
up being controversial because companies whose stock is traded on the
stock exchange have to report liabilities to shareholders.  This may
partially explain why you're having difficulty locating case studies.  If
a company estimates future liabilities, they have to report them.  If they
don't estimate them (at least not "publicly"), it's as though they don't

Some of the large chemical companies with a high potential for future 
liabilities have set aside huge amounts of money.  But they won't say how 
they came by the amount they set aside...

Kirsten Sinclair Rosselot, P.E.
Process Profiles
P.O. Box 8264
Calabasas, CA 91372-8264


> Hello P2Tech'ers:
> I've read a number of publications which state that companies can
> reduce their liability costs if they switch to less hazardous chemicals or
> engage in other P2 practices that potentially reduce risks to their
> workers.  I also have read many case studies and other publications that
> discuss companies experiencing overall reductions in operating costs as
> a result of implementing P2 in their facilities, but I have not come across
> case studies or reports that specifically document savings in liability
> costs experienced by these firms.  
> So, to cut to the chase, what I'm looking for is specific cost savings data
> along these lines for the printing industry.
> Also, to help educate myself, how exactly would an insurance company
> determine the reduction in liability costs?  Do they use some sort of
> elaborate "check sheet" that's primarily based on compliance with OSHA
> and EPA regulations?  Or are such charges costs always negotiated
> between the company and the insurance provider?  Are such insurance
> charges "bracketed" in the same sense that our tax levels are?
> Also, what work is being done to even further reduce liability costs for
> those firms that go "above and beyond" compliance?
> Thanks in advance for your replies!
> ***********************************************************
> Karen Seeh
> U.S. EPA Design for the Environment (DfE) Program
> 401 M Street, SW  (7406)
> Washington, DC  20460
> ph:  202-260-1714
> fx:   202-260-0981
> DfE Website:  http://www.epa.gov/dfe
> "No one can make you feel inferior without your consent." -- Eleanor
> Roosevelt
> ************************************************************