This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

XL Group Rolls Out New Environmental Insurance Policy For Airports' Fixed Base Operators In North America

EXTON, Pa., June 18, 2013 /PRNewswire/ -- XL Group's Environmental business is offering pollution insurance protection to airports' Fixed Base Operators with a new policy that addresses on-site pollution incidents, including situations arising from noise pollution.

"Individual industries have their own distinct environmental liability concerns," explained Matt O'Malley, President of XL Group's Environmental business in North America.  "That's why we continue to look carefully at various industries' unique environmental liability exposures, and using our environmental knowledge, remediation experience and underwriting skills, focus in on finding an effective solution that addresses the issues that concern them most.  XL Group is a leading provider of aviation insurance globally and this new coverage allows us to meet more of their risk management needs."

"Fixed Base Operators face a number of environmental exposures specific to their work at an airfield," said Matt.  "Our policy can be customized to recognize these exposures whether they are specific to hangers, fuel tanks, or aircraft fueling."

XL Group's Pollution Protection for Fixed Base Operators provides protection for:
  • Disaster Response Expense including advisory costs, medical expenses, travel, temporary living, among other coverages;
  • Contractors Pollution Legal Liability to provide coverage for contacting operations across the airport
  • Financial Responsibility for Tanks
  • Pollution and Remediation Legal Liability to cover remediation and legal expenses as well as costs related to third-party bodily injury and property damage.

XL Group's Pollution Protection for Fixed Base Operators is designed to address environmental exposures and can be tailored to the individual needs of international, regional, municipal and privately-owned airports. 

Dedicated environmental risk consulting and claims handling services accompany XL Group's policies which are provided by XL Group insurance companies, Indian Harbor Insurance Company and Greenwich Insurance Company.  Available risk management services provided include consultations to help head off pollution mishaps, assess to pre-approved remediation consultants and emergency response assistance in the event of an incident.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TSLA $222.56 0.00%
YHOO $36.00 0.00%
AAPL $94.19 0.00%
FB $118.06 0.00%
GOOG $695.70 0.00%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs