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RE: Potential environmental liabilities/environmental insurance

Joyce -

If you are interested, the following contact may be able to advise 
you.  Gwynn is from an insurance company who markets environmental 
liability insurance primarily for large remediation projects but they also 
provide some company environmental liability insurance.

Gwynn Eklund @  United Capitol Environmental  512/338-1281.
HQ in Austin TX, Chicago

Please tell her that Paul Farber referred her name.

Best of luck,

Deb Jacobson

>-----Original Message-----
>From: McLaughlin.Susan@epamail.epa.gov
>Sent: Monday, May 22, 2000 3:56 PM
>To: p2tech@great-lakes.net
>Cc: jmcdevit@futron.com
>Subject: Potential environmental liabilities/environmental insurance
>I received the following set of questions regarding the valuation of 
>potential liabilities and availability of environmental insurance 
>coverage.  The researcher (Joyce McDevitt) has already looked through the 
>EPA publication "Valuing Potential Liabilities for Managerial 
>Decision-Making", but is wondering whether anyone can offer any 
>supplemental data, advice, methodologies, or studies.  Can anybody help 
>her out?
>Thank you!
>-- Susan
>Futron Corporation is involved in doing a Maximum Probable Loss Analysis 
>that determines the amount of financial responsibility/insurance that 
>launch vehicle companies need to have in order to protect the government 
>from liability in the event of a launch mishap. Our approach normally considers
>third party personnel injury/death and government and third-party property 
>damage that would be expected from the resultant debris raining down after 
>a failure. We have recently been asked by another client to address 
>short-term environmental damage and clean-up in expanding our MPL model. 
>We have also been asked to address the issue of loss of use of damaged or 
>destroyed property or facilities.
>I would like to have information on whether companies or the government 
>determine the monetary value of these two potential liability areas, i.e., 
>short-term environmental damage and clean-up, and loss of facilities. If 
>they do, what are the analysis approaches, techniques or models that are 
>most useful?  Is this potential liability insurable and which approach do 
>the insurance companies prefer?  What are the premiums costs if insurance 
>is available and are these costs considered to be affordable or 
>prohibitively expensive?
>We would appreciate any information on this subject as well as 
>points-of-contact that we could talk to regarding this subject. My 
>telephone number is (202)488?2939.  Please contact Allen Mears at 
>amears@futron.com or (202) 488-3183 during my absence from the office on 
>May 24-31.
>Thank you very much for your help,
>Joyce McDevitt
>Futron Corporation
>400 Virginia Ave., SW Suite 340
>Washington, DC 20024
>Tel: (202) 488-2939
>e-mail: jmcdevit@futron.com

Debra Jacobson (formerly Kramer)
E-mail Address djacobso@wmrc.uiuc.edu
IL Waste Management & Research Center / IL Dept of Natural Resources
PNEAC/GPP http://www.pneac.org
GLPPR http://www.glrppr.uiuc.edu
1010 Jorie Boulevard, Suite 12
Oakbrook, IL  60523
630/472-5023 Fax