Specialty

A prospect has a pollution policy in place but doesn’t know if it’s necessary. Its current general liability policy excludes products-completed operations coverage.

Every commercial client is impacted by environmental exposures, which means independent agents are in prime position to help them navigate the complicated environmental insurance market.

As the U.S. Environmental Protection Agency (EPA) continues to take action to alleviate the impacts of per- and polyfluoroalkyl substances (PFAS), agents can assist clients by conveying the gaps in liability coverage.

While cleaning a water tank, a contractor accidentally left the water outlet open. Sandblast media entered the city water supply and contaminated products in a cheese manufacturing facility.

The first-ever national, legally enforceable drinking water standard for the presence of “forever chemicals” will bring increased environmental liability claims and coverage exclusions to commercial insurance.

PFAS can be found in items from firefighting foam to food packaging, which means agents should be taking a hard look at all their commercial insureds for potential PFAS exposure.

While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.

As natural disasters become more frequent and more costly, insurance carriers are experiencing an increase in the frequency and severity of environmental claims.

Vantage Risk has extended its contractors pollution liability and professional liability offerings to environmental contractors and consultants.

The product is a streamlined site pollution liability policy providing coverage enhancements that are relevant to middle market and Fortune 1,000 companies.