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October 31, 2012

  Risk Management, Insurance and Claims 
  • Wastewater project could exceed $6B in Cape Cod, Mass.
    Cape Cod, Mass., would need an estimated $4.6 billion to $6.4 billion to fix its wastewater infrastructure, says Bob Ciolek, consultant for the Cape Cod Commission. Local officials are considering options for financing the project, which also will involve annual operating costs estimated between $37.9 million and $54.6 million, as well as connection fees and upgrades to septic systems. Wicked Local/Truro, Mass. (10/26) LinkedInFacebookTwitterEmail this Story
  • Fireworks makers will pay $5.7M toward Calif. Superfund site cleanup
    Fireworks company Pyro Spectaculars and several of its subsidiaries will pay $5.7 million in a settlement over groundwater contamination at a Superfund site in Rialto, Calif. Cleanup is estimated to cost more than $100 million over three decades. The agreement and two other settlements -- involving B.F. Goodrich and Emhart Industries, a Black and Decker subsidiary -- are expected to return $9 million in surcharges residents have paid because of contamination by perchlorate, which is used in making fireworks. The Press-Enterprise (Riverside, Calif.) (free registration) (10/26) LinkedInFacebookTwitterEmail this Story
  • Hawaii county, EPA reach $5.1M settlement over landfill emissions
    Hawaii's Maui County will spend $5.1 million to resolve allegations that a landfill violated the Clean Air Act with regard to methane and other emissions. The county says it has spent $4.5 million toward new gas-collection systems at the landfill, and also will pay a $380,000 civil penalty. The settlement also includes the installation of an eight-turbine wind farm that will cost about $250,000. The Maui News (Wailuku, Hawaii) (10/24) LinkedInFacebookTwitterEmail this Story
  • Other News
  Laws and Regulations 
  • NRC: Fracking-caused quakes wouldn't affect reactors
    Hydraulic fracturing can trigger minor earthquakes, but nuclear plants wouldn't likely suffer damage from them, according to the Nuclear Regulatory Commission. "The strongest of these are associated with deep-injection wastewater disposal wells, with magnitudes in the central and eastern United States around magnitude 5 or less," said David McIntyre, the NRC's public relations officer. This comes after Chesapeake Energy secured a permit to conduct fracking 1.06 miles from FirstEnergy's Beaver Valley plant in Pennsylvania. Shale Reporter (10/30) LinkedInFacebookTwitterEmail this Story
  • Other News
  SmartPulse 
  • Do you view environmental insurance as a buffer to liability that can "sweeten" a deal to sell or lease a property?
    Yes  77.78%
    No  22.22%
  • The EPA currently does not require toxic chemical disclosure from oil and gas drilling activities. Do you support this position?
Yes
No

  Green Construction 
  • Manufacturers make strides in their green technology, practices
    Siemens received high marks for its environmental initiatives in a study by PA Consulting Group. The study evaluated four major companies' product portfolios, strategies and organization and operational performances to determine their green performance. The evaluations were based on use of efficient carrier arrangements, solar panels and renewable and green product offerings. The study also included GE, Alstom and ABB. Modern Materials Handling (free registration) (10/17) LinkedInFacebookTwitterEmail this Story
 
  • Other News
  SmartQuote 
I often think that the night is more alive and more richly colored than the day."
--Vincent van Gogh,
Dutch painter


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About Aon Environmental
Aon Environmental provides clients with the specialized expertise needed to understand their exposure and its consequences, including how it impacts financial objectives as well as corporate governance, sustainability, and regulatory concerns. Using a multi-disciplinary approach that draws upon experience in environmental law, environmental remediation, and environmental risk management, the Aon team has developed solutions for the largest and most complex environmental placements. Our superior technical skills, combined with market knowledge and relationships, ensure that the best presentation of our client's objectives will be made.
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