While companies face many environmental regulations and challenges that are specific to their industries, there are some best practices when it comes to managing Pollution risk that cut across all business sectors, experts say.  

“The key is to evaluate the potential exposure and develop a written plan to mitigate potential impacts, starting with the most significant,” says risk-engineering expert Doug Stohlman, a Sacramento, Calif.-based regional manager at Zurich Services Corp., a unit of Zurich North America.

 Exposures can be identified and evaluated through an environmental-impact statement; ASTM (formerly the American Society for Testing and Materials) Phase I and Phase II assessments; or other appraisal methods, Stohlman says. All provide the framework for developing appropriate mitigation measures. 

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.