Can insurance be used as a means to obtain compliance with environmental policy? Answering this question requires examination of a broad mosaic of academic issues, including current systems available for providing compensation and deterrence, use of contracts (including insurance) as substitutes for tort law, limitations of regulatory policy-making by government agencies, pre-conditions for creation of insurance products, and market mechanisms necessary for insurance to be purchased or sold. The purpose of Managing Environmental Risk Through Insurance is to highlight the potential role that insurance and performance standards can play in managing environmental risk. Insurance can play a significant role in dealing with one of the most problematic issues facing society today - how to compensate for environmental exposures. This book analyzes the ability of insurance to play a role in managing environmental risk. It begins by outlining the role insurance plays in society in contrast to other societal tools for addressing risk: government benefit programs and imposition of involuntary liability using the court system. By so doing, the book describes the comparative advantages of insurance. The book then analyzes the insurability of the risks. Finally, the book applies the insurability analysis to three concrete environmental examples.

This book identifies the role of insurance in a comprehensive system for managing environmental risks at the local, regional and global level. National and international legal instruments regulating environmental protection, especially aspects like pollution, are not precisely reflected in insurance concepts intended to cover environmental risks. As such, there is a need to identify environmental risks and to propose a taxonomy of environmental risks for various types of insurance coverage. The authors refer to the issues of liability in environmental protection, the scope of insurance coverage and comment on specific issues the importance of which has been noticed by the legislator or insurance practice. The book examines these issues horizontally and vertically from various standpoints, focusing on insurance as a means of managing environmental risks. In this regard, it mainly concentrates on (1) identifying and analyzing environmental risks and methods for managing them via private and public instruments, and (2) insuring these risks. The book is intended for all those interested in the field of insurance and environmental risk regimes, including lawyers, academics and legal professionals.

This report focuses on the role of insurance and reinsurance companies in the management of environmental risks - environmental pollution risk and natural catastrophe risk in particular.

Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems is a collection of 13 chapters and studies about Insurance and Risk management in response to disruptions caused by social, economic, and environmental challenges to try and stabilize the economy in an effort to ensure sustainability.

This is the only comprehensive text on the increasingly important subject of environmental risk and insurance. The author presents many risk and insurance issues from acid rain and global warming to toxic tort law developments and the crisis with workers' compensation insurance and pollution liability coverage. This volume is the product of nearly eight years of research, which included reviewing over 250,000 pages of laws, documents, reports, and notes, as well as countless hours of investigations, interviews, and research. Basic and advanced environmental liability and insurance principles are covered, along with suggestions for financing pollution cleanups and safety programs. A new method for restructuring and improving Superfund is presented after an in-depth discussion of pertinent legal and financial issues. The book also provides local, national, and international case histories demonstrating the kinds of difficulties encountered by businesses and citizens and the solutions they have sought. All of this information, combined with the valuable charts, appendices, specimens, contracts, sample insurance policies, model letters, and certificates, makes Environmental Risk and Insurance an unmatched reference source for businesses, institutions, and government agencies caught up in the midst of analyzing their environmental risk exposures.

Like all industrialized countries, China has encountered increasing problems with land contamination in recent years. Abandoned mining and manufacturing sites and obsolete industrial complexes, while also creating new polluting industrial enterprises, represent impending environmental threats. More importantly, a number of social and economic problems have developed and must be dealt with, in some cases urgently. Contaminated land laws and regulations have been established and have evolved in the US and UK and many other jurisdictions over the past few decades. These regimes have substantially influenced the relevant legislation in the context of numerous Asian and European countries and will inevitably benefit similar legislative efforts in China. This book is the first monograph that focuses on how China can learn from the US and UK with respect to contaminated land legislation and comprehensively illustrates how contaminated land law could be created in China. It will be of interest to academics and practitioners in environmental law in China, as well as the US and UK.

This annual publication provides a survey of contemporary research on environmental and resource economics by some of the leading experts in the field. The critical issues addressed in this year's volume include: the management of high seas fisheries; choosing environmental risks; the stability and design of international environmental agreements; managing environmental risk through insurance; motor vehicles and the environment; recreation demand models; stated preference methods for environmental valuation; and pollution control policy in developing countries.

Corporate Survival: The Critical Importance of Sustainability Risk Management thoroughly examines the rising sustainability risks that affect thriving businesses, the environment, various societies, people in foreign lands, and our children. Author Dan Anderson, a professor of risk management and insurance, has been observing sustainability risk management issues for his entire career. In Corporate Survival he presents guidelines for various professionals in the risk management and insurance industries. In his view, corporations need to establish sound sustainability risk management systems in order to survive potentially major financial and professional damages. These damages can arise from liability suits, customer boycotts, shareholder actions, new regulations, and international pressures. Anderson provides well-timed direction for establishing risk management systems, as well as numerous examples of how companies successfully employ sustainability risk management strategies. He also demonstrates the advantages of following his advice for corporate survival, including reducing sustainability risk costs, improving competitive advantage, attracting both reliable customers and productive employees, augmenting the firm's reputation and community image, and increasing profits. Corporate Survival will help all corporations and those in the fields of risk management and insurance improve business systems while enhancing environmental quality and social justice conditions.

The Encyclopedia of Global Environmental Change is the first major reference work in this multi-disciplinary field, and presents outstanding authorship and high quality editing. Comprehensive coverage with over 3,800 pages in 5 volumes. Over 500 articles, 100 biographies, 150 definitions, and 100 acronyms. Extensive bibliographies with up-to-date references. The Wiley Encyclopedia of Global Environmental Change has been published to meet the need for a comprehensive integrated reference in this burgeoning field. Each volume contains articles of between 1,000 and 10,000 words on major topics. Articles contain an abstract written for the non-specialist, followed by the main text, which provides greater detail for the specialist Biographies of distinguished environmental scientists discuss their contributions to a better understanding of global environmental change. Definitions of international terms and descriptions of acronyms of international and regional programs and agencies provide a quick reference source for the environmental scientist and student. Presents a thematic approach and includes theory, empirical studies, and applications emphasising the inter-relationship between various disciplines and systems--From the publisher's description.