Environmental Recent Successes

• Real estate investment trust (REIT) with a portfolio of 133 retail locations were provided with an environmental policy which included coverage for mold and dry cleaner risks.
• Habitational real estate owner - management company controlling 27 rental properties purchased an environmental policy which combined coverage for lead based paint and mold.
• Large trade contractor purchased pollution liability policy which included coverage for claims arising from environmental liabilities including mold arising from their construction operations.
• Mortgage lender purchased collateral impairment coverage insuring the loan balance for a contaminated property on which they were providing a $2mm commercial real estate loan.
• Contractors Pollution Legal Liability for a sewer construction contractor covering the contractor against claims arising from historical and new pollution caused by the contractors work.
• Construction project - insures project owner for pollution including mold during course of renovation.
• Commercial real estate portfolio - Pollution Legal Liability policy insuring clean up and 3rd party claims arising from indoor and outdoor pollution including mold and contamination caused by terrorism.
• Residential real estate portfolio - Pollution Legal Liability policy insuring residential apartment buildings for clean up and/or 3rd party claims arising from pollution including mold and lead paint.
• Industrial Land Purchase - Environmental policy purchased by the buyer of an industrial site insuring clean up of unknown pre-existing pollution and/or new contamination.