Integrating Insurance and Risk Management for Hazardous Wastes

Integrating Insurance and Risk Management for Hazardous Wastes PDF

Author: Howard Kunreuther

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 376

ISBN-13: 9400921772

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A challenge facing society today is how to develop a meaningful strategy for integrated hazardous waste management. Meeting this challenge was the principal motivation for the conference on "Risk Assessment and Risk Management Strategies for Hazardous Waste Storage and Disposal Prob lems," held at the Wharton School of the University of Pennsylvania on May 18-19, 1988. The conference brought together representatives from the major interested parties - environmentalists, government, insurance, law, manufacturing, and the university community - who have been con cerned with the waste management process. The conference was the third cosponsored by the Wharton Center for Risk and Decision Processes addressing the knotty problem of hazardous waste. The first, held at the International Institute for Applied Systems Analysis in 1985, examined the transportation, storage, and disposal of hazardous materials. It suggested steps that industry, insurers, and gov ernment agencies could take to improve the safety and efficiency with which hazardous materials are produced and controlled in industrialized societies. Specifically, it focused on the risk-management tools of insurance, com pensation, and regulation. xv xvi PREFACE The second conference, held at the Wharton School, University of Penn sylvania in 1986, concentrated on the role of insurance and compensation in environmental pollution problems. It characterized a set of problems related to the environmental pollution liability insurance crisis as presented by key interested parties and proposed a set of research needs for providing a sound basis for constructing socially appropriate measures to deal with the problem.

International Trade in Hazardous Wastes

International Trade in Hazardous Wastes PDF

Author: D.K. Asante-Duah

Publisher: Routledge

Published: 1998-03-12

Total Pages: 202

ISBN-13: 1135814686

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This book discusses the need for a regulated and informed forum for international trade in hazardous waste. The authors argue that with careful planning, health and ecological risks can be minimized and net economic benefits realized fairly. The book examines the key parameters that should be considered by potential trading nations to ensure an optimally safe and mutually beneficial partnership. The authors provide comprehensive coverage of the political, environmental, industrial and economic issues involved in this complex and increasingly controversial practice.

Managing Environmental Risk Through Insurance

Managing Environmental Risk Through Insurance PDF

Author: Paul K. Freeman

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 124

ISBN-13: 9401153604

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Can insurance be used as a means to obtain compliance with environmental policy? Answering this question requires examination of a broad mosaic of academic issues, including current systems available for providing compensation and deterrence, use of contracts (including insurance) as substitutes for tort law, limitations of regulatory policy-making by government agencies, pre-conditions for creation of insurance products, and market mechanisms necessary for insurance to be purchased or sold. The purpose of Managing Environmental Risk Through Insurance is to highlight the potential role that insurance and performance standards can play in managing environmental risk. Insurance can play a significant role in dealing with one of the most problematic issues facing society today - how to compensate for environmental exposures. This book analyzes the ability of insurance to play a role in managing environmental risk. It begins by outlining the role insurance plays in society in contrast to other societal tools for addressing risk: government benefit programs and imposition of involuntary liability using the court system. By so doing, the book describes the comparative advantages of insurance. The book then analyzes the insurability of the risks. Finally, the book applies the insurability analysis to three concrete environmental examples.

Making Decisions About Liability And Insurance

Making Decisions About Liability And Insurance PDF

Author: Colin F. Camerer

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 134

ISBN-13: 9401121923

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Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by changes in tort law may be partly responsible for the second major trend known as the `liability crisis' - the disappearance of liability protection in markets for particularly unpredictable risks. This book examines decisions people make about insurance and liability. An understanding of such decision making may help explain why the insurance crisis resulted from the new interpretations of tort law and what to do about it. The articles cover three kinds of decisions: consumer decisions to purchase insurance; insurer decisions about coverage they offer; and the decisions of the public about the liability rules they prefer, which are reflected in legislation and regulation. For each of these three kinds of decisions, normative theories such as expected utility theory can be used as benchmarks against which actual decisions are judged.

Public Health Risk Assessment for Human Exposure to Chemicals

Public Health Risk Assessment for Human Exposure to Chemicals PDF

Author: Kofi Asante-Duah

Publisher: Springer

Published: 2017-06-22

Total Pages: 600

ISBN-13: 9402410392

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This book provides a concise, yet comprehensive overview of the many facets relating to human health risk assessments in relation to chemical exposure problems. It presents some very important tools and methodologies that can be used to address chemical exposure and public health risk management problems in a consistent, efficient, and cost-effective manner. On the whole, the book represents a collection and synthesis of the principal elements of the risk assessment process that may be used to more effectively address issues pertaining to human exposures to chemicals found in modern societies. This also includes an elaboration of pertinent risk assessment concepts and techniques/methodologies for performing human health risk assessments. Written for both the novice and the experienced, the subject matter of this book is an attempt at offering a simplified and systematic presentation of public health risk assessment methods and application tools – all these facilitated by a layout that will carefully navigate the user through the major processes involved. A number of illustrative example problems are interspersed throughout the book, in order to help present the book in an easy-to-follow, pragmatic manner.

Calculating Risks?

Calculating Risks? PDF

Author: James Hamilton

Publisher: MIT Press

Published: 1999

Total Pages: 358

ISBN-13: 9780262082785

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"By matching agency decision data to detailed census information using geographic information systems (GIS) technology, the authors show that most hazardous waste sites do not pose sufficient risk to merit the most stringent cleanup options. Those sites that do pose considerable risk to exposed populations often receive inadequate attention, because government decisions to target cleanups are based more on political factors than on actual risks. The authors propose policy reforms that could significantly reduce cleanup costs without sacrificing the protection of human health."--BOOK JACKET.

Clean Production Strategies Developing Preventive Environmental Management in the Industrial Economy

Clean Production Strategies Developing Preventive Environmental Management in the Industrial Economy PDF

Author: Tim Jackson

Publisher: CRC Press

Published: 1993-05-12

Total Pages: 442

ISBN-13: 9780873718844

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Clean Production Strategies is a cross-disciplinary book that presents a comprehensive examination of a new ethic emphasizing the appropriate design of products, processes, and economic activities to reduce the generation of waste into the environment. The book explores concepts and principles, technological issues, economic implications, the development of policy, and broad social questions associated with implementing clean production strategies. Written by a team of international experts in the field, Clean Production Strategies covers a wide range of topics, including principles of thermodynamics, quantitative assessments of material flows, the development of practical clean technologies, and the re-evaluation of our relationship with the environment. The book will be useful to government policy-makers, industrial decision-makers, plant managers, industrial engineers, economists, environmentalists, international regulatory agency personnel, and others interested in the topic.