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February 2009
Environmental Insurance: The Brownfield Connection
By Elizabeth Brewster



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Despite the financial uproar in the insurance world last fall, brownfield developers appear to have little to fear among the major environmental insurance carriers.

“There are a lot of very strong, financially secure providers in environmental insurance,” said Ken Cornell, executive vice president of JCH Environmental Insurance Brokers in New York City. Even American International Group Inc. (AIG), which has received more than $150 billion in assistance from the federal government to head off bankruptcy, still maintains an A rating from A.M. Best Co. AIG is the parent company of AIG Commercial Insurance and AIG Environmental, which are legally distinct entities. ...


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  Industry Profiles
James R. Ash, P.E., LSP James R. Ash, P.E., LSP
Vice President, GEI Consultants, Inc.
Woburn, Mass.

Paul Arnold, PE Paul Arnold, PE
Principal and Brownfields Initiative Leader, TRC Cos.
Lowell, Mass.

Becky Holmes Becky Holmes
Hazardous Waste Brownfields Coordinator, Montana DEQ
Montana





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Count On It
 28 percent approximate amount of all energy used in the Unites States for transporting people and goods from one place to another.
Source U.S. Department of Energy
 200-300 estimated number of hydrogen-fueled vehicles in the United States today
Source U.S. Department of Energy
 9,783,000 number of barrels of crude oil the United States imports each day.
Source U.S. Department of Energy
 1 million number of gallons of fresh water that can be contaminated from the used oil from one oil change.
Source U.S. Environmental Protection Agency
 20 million number of people that celebrated the first Earth Day on Aril 22, 1970.
Source U.S. Environmental Protection Agency
 $2.3 billion amount President Obama awarded for clean energy manufacturing projects across the United States
Source U.S. Department of Energy
 509 approximate number of operational landfill gas (LFG) energy projects currently in the United States. LFG electricity generation projects provide the energy equivalent of powering more than 920,000 homes annually
Source U.S. Environmental Protection Agency

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