Environmental Risks In INSURANCE

Wildfires

What You Need to Know

Every wildfire carries a unique signature or an assemblage of characteristic particles (similar to DNA) that will clearly confirm impact from that particular fire

If the correct assemblage of particles is not present, there is no impact from the wildfire

Most black particles in structures are NOT related to wildfire but are from sources such as tire wear and are not related to combustion

If a lab is doing a char, soot, or ash analysis they are not doing a WILDFIRE smoke analysis and will not assist you in segregating what is wildfire impact as opposed to other sources of combustion

What You Need to Do

Perform surface tape sampling of horizontal hard surfaces

Do not take air samples or sample materials that have historical significance only

Utilize a lab that understands the requirements for verifying wildfire impact

Wildfire impact is generally not hazardous and can be cleaned without added precautions in most situations

Myths and Misconceptions

Wildfire impact can be evaluated utilizing a standard based on a certain percentage of char, soot, or ash present-FALSE

Fire seasons are getting longer and more severe and in fact, acreage burned since 1960 has doubled-TRUE

Sampling near to the time of the fire occurrence will generate a more accurate evaluation of any impact-TRUE

Every structure is impacted by combustion sources (char, soot, and ash) most of which are NOT related to wildfire impact-TRUE

Expert Services:
Insurance


Claims: Prevention and Response

  • Site Investigations/Inspections
  • Loss Mitigation Protocol Development
  • Creative Scope of Work Development
  • Project Oversight
  • Environmental Sampling
  • Cause and Origin Investigation
  • Emergency Response
  • Client Interface
  • Communication/Alert Development
  • Liability Exposure Minimization
  • Expert Consultation

Underwriting: New Product Development and Risk Assessment

  • New and Emerging Risk Education-Focus on New Areas of Coverage Opportunity
  • New and Emerging Product/Technology Applicability to Underwriting Coverage
  • Recommendations for Coverage Expansion Based on Risk Minimization Strategies
  • Policy Language Review/Development Based on Industry Specific Issues

Due Diligence: Investigation, Auditing, Verification and Risk Assessment

  • Project Oversight Ensuring Compliance with Policy Coverage
  • Immediate Communication re Project Issues Impacting Policies
  • Detailed Reports of Project Findings/Oversight with Recommendations
  • Cost Estimate Development Based on Construction/Remediation Options
  • Phone Surveys/Desktop Reviews Focusing on Issues of Potential Concern

Remediation Cost Auditing and Risk Quantification

  • Review/Audit of Contractor Invoices
  • Scope of Work Performed Analysis (Best Practices, Regulatory Compliance)

Expert Testimony

  • Environmental Risk
  • Healthcare Risk

Education and Training: Claims and Underwriting

  • Seminars/Webinars on Environmental/Healthcare Issues Focusing on Claims/Underwriting Risk
  • Seminars/Webinars on Emerging Issues and Policy Impact as well as Coverage Expansion Opportunities
  • White Paper Development

Insurance Toolkits: Claims and Underwriting

  • Development of Underwriting Applications for Healthcare/Environmental Risk
  • Development of Value Added Risk Management Checklists/Protocols for Insureds
  • Operations and Maintenance Programs for Water Intrusion Risk Management, Asbestos, Lead Based Paint
  • Hazard Assessment Critical Control Point Programs (HACCP)

Insurance Risk Alert Service

  • Development of Insured Alert Communications re Emergency Healthcare/Environmental Risk
  • Development of Employee Alert Communications re Emergency Healthcare/Environmental Risk
 
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