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Member, Beacon International Group, Ltd.
PHILADELPHIA—ACE USA has introduced an enhanced pollution liability insurance product covering environmental risks for public and educational entities, the division of ACE Group Holdings Inc. announced Wednesday.
The policy is available on an admitted basis in 36 states and combines standard premises pollution product with the specific risks associated with these groups. These include the transportation and disposal of wastes as well as the illicit abandonment of wastes, fungi and legionella. Also, the contractor pollution liability product covers maintenance tasks such as applying pesticides and herbicides.
The product applies to public schools, utilities and power co-ops, cities and counties, special districts and parks and recreational facilities.
“Escalating environmental regulations are of great concern to these organizations, and it is crucial for this community to understand the risks they face and how to address these exposures,” said Paul Cunney, vp and practice leader, ACE USA public entity industry practice, in a statement.
Policies and coverage areas vary by state, and limits are available up to $50 million per claim/aggregate, including defense.
For more information, contact Jon Peeples, vp, ACE environmental risk, at jon.peeples@acegroup.com or 215-640-5888.