|From:||"Susan Neuman" <firstname.lastname@example.org>|
|Date:||Wed, 28 Apr 1999 15:04:08 -0700 (PDT)|
|Subject:||"Insurance Cleaning Up Environmental Hurdles"|
This article on environmental insurance, particularly the cost cap policy, is generally accurate. These policies are almost indispensable in brownfields projects (see the HUD Report). However, I'd like to correct two mis-statements. First of all, there are five, not four, companies who offer this insurance -- the article left out United Capitol. Secondly, the deductible is not 10 to 20% of the estimated costs. It's a self-insured retention, and it usually IS the estimated cost, often with a 10% buffer. Sue Neuman Environmental Insurance Agency
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