30 OCTOBER 2014 Claims Magazine PropertyCasualty360.com
as high as $50 million. Even higher limits
can be assembled if necessary, depending
on the needs of an individual risk.
Most insurance carriers will request the
completion of a proprietary application
along with current GL/Property loss runs.
A schedule of properties will be needed.
If any environmental regulations or per-
mits affect the site, the carrier will want to
review these along with any published au-
dits or environmental assessment reports.
Facility maintenance and risk management procedures should also be provided
as part of the submission process.
The healthcare industry is constantly
Claim Scenarios for
growing and with development come ad-
ditional environmental exposures. Envi-
ronmental regulations, which constantly
change, must be addressed by a facility
owner. Even if a site is well maintained
and managed, accidents can occur, lead-
ing to catastrophic results. A site pollu-
tion insurance policy will protect against
daily environmental mishaps and allow
the facilities to care for the communities
in which they serve.
releasing oil into the soil and ground-water, affecting neighboring properties. Local authorities require the hospital to clean up the contamination.
The cost for cleanup exceeds $400,000.
of contamination to a drinking water
well located down-gradient from the
facility. The hospital is found to be a responsible party as their waste has been
disposed of at the landfill for many
years. The insured contributed over
$100,000 to settle the claim.
a doctor’s office overturns and waste
is spilled into a stormwater drain, contaminating a nearby stream. The cost
of cleanup exceeds the transporter’s
policy and as the party responsible for
generating the waste, the insured is required to pay the remaining costs associated with the cleanup.
a damaged air conditioning system in a
local hospital sickened several patients.
There were two fatalities and several patients were in critical condition. Claims
for bodily injury exceeded $1,000,000.
Pollution exposures can be quite significant for healthcare facilities and any
response to a pollution event can become
expensive. However, the environmental insurance marketplace offers several
affordably priced, quality solutions for
Amanda Duncan is responsible for
developing, implementing, and expanding in-house underwriting programs
with several environmental carriers for
PartnerOne Environmental. With her staff
she analyzes and underwrites all classes
of environmental risk including general
liability, contractors pollution liability, and
premises pollution liability.
We deliver peace of mind and restore
life’s irreplaceable treasures.
24-Hour Claim Assignment
800-963-CRDN (2736) | crdn.com
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The Textile Experts at CRDN
respond immediately to the needs of
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