ACE USA, the U.S.-based retail operations of the ACE Group, has introduced an enhanced public/educational entity pollution liability insurance (Public Entity PPL) policy, designed to address the environmental risks faced by public entities. This policy offers coverage on an admitted basis in 36 states.
The Public Entity PPL policy addresses the pollution exposures of public schools; utilities and power co-ops; cities and counties; special districts; and parks and recreational facilities. It combines a focused approach with a standard premises pollution product, providing a single policy to cover environmental-related public entity exposures.
Features of ACE Environmental Risk’s Public Entity PPL Policy include:
Claims-made and reported Public Entity PPL coverage formAdmitted in 36 states as of May 2012Provides financial assurance for underground and aboveground storage tanksDefinition of pollution condition that includes medical, infectious, and pathological wastesIncludes coverage for the transportation and disposal of wastesAvailable coverage for illicit abandonment of wastes, fungi and legionella, and first-party business interruptionOffers contractor pollution liability (CPL) coverage for maintenance activities, including the application of pesticides and herbicidesUnderwriting staff with strong expertise in providing environmental risk solutionsDedicated environmental claims specialistsInsurance is provided by ACE American Insurance Co., Philadelphia, Pa., and, in some jurisdictions, other insurers within the ACE Group. Product descriptions are summaries only. The actual policy issued governs the rights and obligations of the parties. Not all products are available in all states.
Email ThisPrintNewslettersTweetCategories: National NewsHave a hot lead? Email us at newsdeskView the Original article
