The February 2023 train derailment and chemical spill in East Palestine, Ohio, grabbed headlines and dominated public attention for weeks. But pollution events occur almost daily, with many going unnoticed by the masses. These events — including incidents involving goods or materials in transit or at rest — can cause significant harm to companies’ bottom lines and reputations.
Most companies would look to general liability or auto liability insurance policies for protection and expense reimbursement in the face of such losses. These policies, however, typically contain critical coverage gaps. Instead organizations can turn to environmental insurance policies for more robust protection.
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