[CPEO-MEF] Stringfellow Pits insurance settlement

[Lenny Siegel <lsiegel@cpeo.org>]

Insurers to Pay $93 Million to Clean Up Stringfellow Pits

By Janet Wilson
Los Angeles Times 
February 2, 2005

Lloyd's of London and 15 other insurers have agreed to pay $93 million
to California for cleanup of the Stringfellow acid pits in Riverside
County, one of the state's most notorious Superfund sites.

State officials and environmentalists who have fought for decades for
cleanup of the site, in an impoverished rural pocket of the county where
children once played in puddles of industrial waste, said the payments
were long overdue.

California Atty. Gen. Bill Lockyer on Tuesday said the Lloyd's
settlement for $49 million was particularly significant because Lloyd's
was one of the major insurers for the state, which was liable for the
contaminated site. The company's attorneys had been leading the defense.

When they agreed to settle late last week, Lockyer said, more than a
dozen other insurers quickly fell into line. "They're the leader of the
pack, and so when they're willing to settle, many of these other
companies decided to settle too," he said.

...

Rockwell, Lockheed, Weyerhaeuser, Northrop, McDonnell Douglas Corp. and
others used the site. 

...

For the entire article, see
http://www.latimes.com/news/local/inland/la-me-stringfellow2feb02,1,3328851.story?coll=la-editions-inland-news&ctrack=2&cset=true
You may need to cut and paste the URL.

-- 


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org
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