Category Archives: Insurance

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Anticipating Environmental Issues in an Economic Downturn: 2019 Edition

On the morning of Dec. 25, the News Analysis on page A1 of the New York Times led off with this cheery holiday thought: “Sometime in the last couple of months, predictions of a major economic downturn or recession in 2019 went from being a crank view to the conventional wisdom.” At the front end of the … Continue Reading

Minimum Insurance Requirements for Regulated Entities in the Hydrocarbon Sector in Mexico

On July 23, 2018, Mexico published new administrative provisions (the “Guidelines”) implementing minimum insurance requirements for entities engaged in activities related to transportation, storage, distribution, compression, decompression, liquefaction, regasification, or retail sale of hydrocarbons or petroleum products in Mexico (“Regulated Entities”). The Guidelines will help Regulated Entities that carry out activities in the hydrocarbon sector … Continue Reading

Taking Another Look at Environmental Indemnity

From Grant E. Nichols of GT Philadelphia: For at least the past 30 years, parties involved in the purchase or sale of properties that contain environmental exposure have had to negotiate environmental indemnity agreements, either to protect assets, transfer liability, or to simply get a deal across the finish line.  However, as more properties have … Continue Reading

Environmental Solutions to Uncertainties in Mergers & Acquisitions

From Curtis B. Toll of GT Philadelphia: As merger and acquisition (M&A) activity continues to increase, the complexity and size of these transactions warrants a sophisticated approach to deal with the broad range of potential environmental risks associated with these transactions.  Specialized and transaction-focused environmental insurance programs are increasingly used to manage these risks in … Continue Reading
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