Insurance and Brownfields Redevelopment

• About Environmental Insurance and Brownfields
• Environmental Insurance Research
• Other Federal Agency Resources

About Environmental Insurance and Brownfields

Environmental insurance is a tool used to quantify and transfer risks related to brownfields cleanup costs and liability from project stakeholders to an insurance company. The most common types of environmental insurance policies available for brownfields include:

Pollution liability - Protects an insured against on-site cleanup costs of unknown, pre-existing pollution and current pollution from ongoing operations, and third-party claims arising from pollution conditions (e.g., bodily injury, property damage).

Cost cap - Protects against cleanup costs exceeding the anticipated cost.

Secured lender - Protects a lender in the event that a borrower defaults on a loan and the default is associated with a pollution condition.

• Environmental Insurance and Risk Management Tools in Brownfields Cleanup and Redevelopment
  [ PDF (185K) 24 pages ]
  
  
• Environmental Insurance Helps Ensure Redevelopment
  Success Story Fact Sheet
  Publication Number: EPA 500-F-03-232
  [ PDF (714K) 3 pages]
  July 2003
  
  
• Environmental Insurance Policy Coverage and Terms
  [ PDF (158K) 4 pages ]
  
  
• Environmental Insurance and Risk Management Tools
  Glossary of Terms
  [ PDF (127K) 11 pages ]
  
  
• Other Risk Management Tools
  [ PDF (82K) 6 pages ]

Introduction to Environmental Insurance and Other Risk Management Tools

• May 2006 Web Seminar  

Environmental Insurance Research

• State Brownfield Insurance Programs, 2006
  Northern Kentucky University
  [ PDF (380K) 61 Pages]
  December 2006



• Environmental Insurance Products Available for Brownfields Redevelopment,
  2005 Northern Kentucky University
  [ PDF (356K) 58 Pages]
  February 2006



• Update: State Brownfield Insurance Programs,
  2005 Northern Kentucky University
  [ PDF (219K) 19 Pages]
  February 2006



• Brownfields Insurance for Public Sector-Led Development Projects: Experience and Methods
  Northern Kentucky University/University of Louisville Document
  [ PDF (589K) 71 pages ]
  
May 2005


• State Brownfield Insurance Programs, 2004 
  Northern Kentucky University/University of Louisville Document
  [ PDF (1.47 MB) 90 pages ]
  December 2004



• Models of Government-Led Brownfield Insurance Programs
  Northern Kentucky University/University of Louisville Document
  [ PDF (857K) 126 pages ]
  October 2002

• Environmental Insurance and Public Sector Brownfields Programs: Factors Affecting Pursuit of Insurance as a Redevelopment Tool
  Northern Kentucky University/University of Louisville Document
  [ HTML (90K) | PDF (377K) 39 pages ]
  November 1999

• Environmental Insurance Products Available
  for Brownfields Redevelopment
  Northern Kentucky University Document
  [ HTML (406K) | PDF (954K) 71 pages ]
  November 1999

Other Federal Agency Resources

• Environmental Insurance for Brownfields Redevelopment:
  A Feasibility Study
  Department of Housing and Urban Development Document
  [HTML (19K) ] 
  July 2000