There has been a landmark decision by the California Court of Appeal that now makes it possible for policyholders (including dry cleaners, chemical manufacturers, waste disposal companies, etc.) to use all the historical insurance policies they can find to defend them against claims for progressive property damage or personal injuries that might have started years ago. Continue reading “California Court Lets You Use All Policies”
Month: January 2009
Reaching Into the Past to Pay
Today’s Environmental Compliance Costs: Insurance Archeology for the Laundry Industry
January 2009 issue of Laundry Today
An increasing number of laundries are striving to heighten their ‘green consciousness.’ Many go above and beyond what is necessary for them to maintain environmentally correct facilities. But sometimes, even with the best intentions, a facility can find itself on the wrong side of compliance based upon the actions of companies who previously operated on the land where they are currently located.
Do you know what type of business operated on your business’ property prior to your facility? Could it have been a dry cleaner? A gas station? A paint manufacturer? There are a host of industries that unbeknownst to you could have polluted the ground beneath your current facility. However, as the current owner of the property – you are responsible for any previous pollutants and clean-up costs. Continue reading “Reaching Into the Past to Pay”