Cost-Cap insurance policies pay for costs that exceed the estimated cost of a remedial plan. These policies typically have large “co-insurance” and deductible provisions, so that the insured must still pay a significant portion of the cost overruns. Policies are also available to cover contractors and consultants for environmental liabilities.
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Recent Posts
- Fogel & Brown, P.C. collaborate and enter mutual of counsel arrangement
- New Law Helps NY Water Suppliers By Broadening Statute Of Limitations Period For Groundwater Contamination Claims
- On Eve of Holidays, Governor Cuomo Signs Legislation Creating EJ Advisory Group and EJ Interagency Coordinating Council
- 5 Quick Takeaways From EPA’s Updated Bona Fide Prospective Purchaser Guidance
- Business Environmental Risks: What the Heck Are They and Why Should You Care? (Part 1 of 2)
