Insuring the spill: corporate coverage for environmental liability is rising as governments levy larger fines

Article Abstract:

The low cost of environmental risk insurance compared to the high cost of handling environmental pollution damages has stimulated various industry sectors to purchase risk insurance. Additional information on US and foreign environmental risk insurance markets is also included.

All Other Miscellaneous Manufacturing, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Miscellaneous Manufactures, Manufacturing Misc, Manufacturing industry, Manufacturing industries, Purchasing, Laws, regulations and rules, Insurance industry, Petroleum industry, Liability for environmental damages, Risk (Insurance)

---

Safe under political cover: long a staple of emerging loan markets, political risk insurance is now increasingly used to cover bond sales and other capital markets transactions

Article Abstract:

Public agencies and global development banks offering political risk insurance to corporations and banking companies making capital investments in politically and economically unstable countries are analyzed. Additional information on the political risk insurance coverage is also included.

All Other Nondepository Credit Intermediation, NONDEPOSITORY INSTITUTIONS, Development Banks, Banking industry, Management, Services, International aspects, Economic policy, Capital investments, External debts, Overseas Private Investment Corp., Political risk insurance, Multilateral Investment Guarantee Agency, Inter-American Development Bank, Asian Development Bank

---

California Power Contagion

Article Abstract:

Having defaulted on around $12 billion in debts and unable to pass on the high wholesale cost to customers because of a rate freeze enacted when California deregulated power rates in 1996, energy utilities, Pacific Gas and Electric Co. and Southern California Edison Co., are facing bankruptcy. State Gov. Gray Davis is not alone in facing the economic problems that have resulted and which have now reached nationwide proportions.

Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Statistical Data Included, Finance, Behavior, California, Energy industries, Energy industry, Public utilities, PCG, Davis, Gray, Pacific Gas and Electric Co., Southern California Edison Co.

Similar abstracts:

• Abstracts: Optical tracking and detection of immunomagnetically selected and aligned cells. In vivo visualization of gene expression using magnetic resonance imaging
• Abstracts: Industry still fears political opposition to European Union GM legislation. Scientists cry foul as Europe plays politics with GM crops
• Abstracts: Back to school for 401(k) plans: the demand for online education and advice on 401(k) plans is attracting other financial services to pension portals

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.