Superfund awakes in state supreme courts
Journal Article
·
· Environmental Solutions
OSTI ID:566254
- Sutherland (Donald), St. Louis, MO (United States)
Superfund, often referred to as a sleeping giant, is waking up in state courts with rulings the insurance industry is on the hook for a large share of the nation`s environmental cleanup. While Congress has been quagmired in legislative reauthorization attempts, 40% of the state supreme courts (20 states) have passed laws favoring policyholders of comprehensive general liability insurance (CGL) to be compensated for their cleanup and litigation costs. These rulings vary in terms from state to state, but their collective action is giving the insurance industry grave concerns because of the increase in settlements with CGL policyholders.
- OSTI ID:
- 566254
- Journal Information:
- Environmental Solutions, Journal Name: Environmental Solutions Journal Issue: 1 Vol. 11; ISSN ESOLE7; ISSN 1077-2537
- Country of Publication:
- United States
- Language:
- English
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