Environmental damages: insurance solutions to protect business assets and managers liabilities
Polluter pays: European legislation imposes heavy financial burdens on companies and executives who accidentally pollute the soil, water and air. Let’s clarify the insurance solutions to cover both environmental damage and the responsibilities of executives. The Environmental Liability Directive imposes specific obligations on companies to repair, clean up and restore damage to the natural habitat and biodiversity: land, rivers, lakes, animal species. This is a ‘strict liability’ that imposes an … Read more