A plan to help prevent any discharge of oil into navigable waters or adjoining shorelines. The main goal of the SPCC regulation is prevention as opposed to after-the-fact reactive measures commonly de [..]

A facility containing a series of tanks, screens, filters, and other processes by which pollutants are removed from water.

A tank that has the majority of its structure beneath the surface of the ground. USTs are designed to hold gasoline, other petroleum products, and hazardous materials.

Threshold(s) on an annual basis that must be met before coverage will be applied.

Any spilling, leaking, leaching, pouring, emitting, emptying, escaping, discharging, dumping, or disposing into the environment of a hazardous or toxic substance.

An insurance policy written for a specific term covering the risks arising out of all the insured’s ongoing activities (or insured services) during that term.**

The insurance policy that responds first to an insured loss, either on first dollar basis or after allowing for a deductible.**

Any substances in water, soil, or air that degrade the natural quality of the environment, offend the senses of sight, taste, or smell, or cause a health hazard.

An event that results in an insured loss.

A common designation assigned to properties with known contamination, indicating that the regulators are requiring no additional remedial action to be undertaken by responsible parties, based on the i [..]