Environmental Insurance: Paper Worth Millions
Your client calls frantic because he has just been served with a lawsuit from an adjacent property owner who claims that the historic dry-cleaning operations on your client’s property have contaminated the groundwater. The complaint seeks millions of dollars for cleanup costs. Another client calls. She wants to purchase a commercial property for redevelopment into residential units but is concerned about potential future environmental liability. Both have sought advice on how to address these concerns. Fortunately, the same answer may be the solution for both— insurance.
Environmental Counsel, Sedina Banks, authored "Environmental Insurance: Paper Worth Millions" in the November 2021 issue of Nevada Lawyer. Read the full article here.