Common exclusions in the first-party property insurance policy and their application to environmental claims

Journal Article · Sat Jul 01 00:00:00 EDT 1995 · Tort and Insurance Law Journal

OSTI ID:61801

Kanaris, P E; Mason, L D ^[1]

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1. Kostow & Daar, Chicago, IL (United States)

The vast majority of environmental claims involving the cleanup, removal, and/or disposal of contaminants such as oil and gasoline, PCBs, asbestos, inorganic compounds, and hazardous waste, have been made on third party liability policies. In recent years, however, insureds have submitted increasing numbers of environmental claims on first-party property insurance policies. This article focuses on certain exclusions common to first-party property policies and their application to environmental claims. The exclusions for contamination, land, corrosion, deterioration, inherent vice, and latent defect are considered. Numerous legal citations are given in the text.

• OSTI ID: 61801
• Journal Information: Tort and Insurance Law Journal, Journal Name: Tort and Insurance Law Journal Journal Issue: 3 Vol. 30; ISSN TILJED; ISSN 0885-856X
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
ASBESTOS
GASOLINE
HAZARDOUS MATERIALS
LEGAL ASPECTS
LIABILITIES
NONRADIOACTIVE WASTE MANAGEMENT
PETROLEUM
POLYCHLORINATED BIPHENYLS