Social inflation has been a buzzworthy topic within the insurance industry as of late, with concerns over the issue continuing to increase in recent years. In environmental insurance, several highly publicized cases of pollution exposures have led to overall public awareness and calls to pay for clean-up and medical costs. 

AeroProtect takes off to fill the gaps in general liability and environmental exposures within Aviation, Airports and Aerospace operations, ensuring a smooth landing for bumpy pollution risks. 

Carbon sequestration, also known as carbon capture and storage (CCS), is a process that aims to reduce greenhouse gas emissions, particularly carbon dioxide (CO2), from industrial processes and power plants. By participating in carbon credit markets, companies can earn tax credits through Section 45Q of the US tax code for reducing their carbon emissions.

Using TankAssure, the quoting and binding process is as smooth as butter ­– your policy and certificate available in minutes! 

Don’t let your state's fund sunsetting leave you in the dark. Help protect your clients today with TankAssure.

Think beyond the obvious. Environmental exposures are lurking in many different kinds of work and industries. Take a look at the different ways your clients could be exposed to environmental hazards.

Discover What We Cover: A Great American Environmental Podcast focuses on numerous topics related to the environmental insurance industry. Check out our latest episodes to stay up to date on the latest industry trends!

The decision to invest in Carbon Capture and Storage (CCS) technologies is one that should not be taken lightly considering the immense financial and environmental risks that accompany it. Though the reward can be great, it is crucial to ensure your client is protected from these risks in all capacities, from start to finish. 

Each year, more states continue to sunset their funding for underground storage tanks. However, the EPA requires UST owners and operators have the ability to pay for cleanup or third-party liability compensation. 

Be ready when life happens. These aviation situations illustrate the variety of environmental exposures that could affect your customers!

Did you know your client has options when fulfilling their Closure and Post-Closure (CPC) obligations? If your client is unable to meet their CPC obligation through traditional methods or is seeking an alternative approach, Great American Environmental’s CPC Policy can provide a financial assurance mechanism to fulfill it.

Recently, our team members hosted some of our Northeast area industry contacts for our annual fishing charter in Port Jefferson, NY! 

Recently, members of our underwriting team traveled to Aurora, CO for the 2024 Society of Environmental Insurnace Professionals (SEIP) Conference.

As the new year begins, our division looks forward to traveling around the nation to see our brokers at industry conferences, events, and other gatherings. Great American Environmental plans to attend a handful of major industry events and conferences this year, and we hope to see you there! 

Great American’s Environmental, Mergers & Acquisitions, and Specialty Construction divisions have joined forces to offer Carbon Protect—a comprehensive coverage solution for carbon capture and storage (CCS) technologies under one GREAT carrier.

As an insurance broker or agent working within an ever-changing industry, it is important to stay informed on trends where coverage opportunities may follow. In response, Great American Environmental is continuously seeking ways to provide great resources and educational opportunities to brokers. 

Keeping with the division’s collaborative approach, members of our division recently gathered in Malvern, PA for our annual offsite outing. Team members spent two days participating in team building activities, learning from leadership about current trends and upcoming opportunities, and bonding with other members of the division.