Beacon Hill's Environmental Insurance Blog
By Dana Lillard, Administrative Assistant - Underwriting Division
Air is something we breathe without thinking. We do it twenty-four hours a day, seven days a week for the span of our lives. Along with the air we breathe, we also take in many hazardous chemicals. These chemicals range from Carbon Monoxide and asbestos to Sulfur Oxides. The amount of polluting chemicals depends on where you live and spend your time; some areas such as large cities have higher densities of certain chemicals (chemicals in smog) while other areas that are less populated have...
In the past several years, there has been a big push for our society to be more environmentally conscious and businesses to operate in a more sustainable manner. At Beacon Hill, we are pleased to see that people are becoming more aware of the planet and of the consequences of not taking care of the environment. That being said, we understand that there are some obstacles to overcome when making the shift to a more “green” lifestyle, as this change can actually increase environmental/pollution exposures.
National Underwriter recently interviewed our very own Bill Pritchard, President of Beacon Hill Associates, asking him to weigh in on changes in the market, pricing trends, and emerging risks. This article was printed in the August 1, 2011 issue of PropertyCasual360.com.
By Bill Pritchard, President of Beacon Hill Associates
Printed in the June 20, 2011 issue of Insurance Journal
The insurance needs of contractors continue to become more complex as the economy works its way out of the recession. Part of that increased complexity involves a company’s environmental exposures and how it chooses to address them. What was once a small concern has become one of the most important exposures a contractor needs to manage. Contractors are responsible to their clients for the environmental ramifications of their work, and the work of their subcontractors. Properly insuring that exposure is critical.
By Jamie Lewis, Account Executive
With vacation and travel season already here, it is a critical time to evaluate the property insurance you currently write and check to see if mold coverage is appropriate for your insureds to be carrying. Mold is a growing concern among commercial and residential properties, especially along the coastal regions of the United States...
2010 saw a rapid expansion of the environmental/pollution insurance marketplace in the face of daunting conditions. Why this growth has occurred, and what it means to an agency, are important to understand. The performance of this niche clearly illustrates the efforts being made to find success in our evolving market, and agents that can correctly tap into it will see significant return on their investment.