Argo environmental head flags policy exclusions
The heavy rainfall that New York City experienced in January may have proven costly for small businesses housing potentially dangerous chemicals, according to David Corry, Argo Group, head of environmental.
“SMEs are very vulnerable to this weather event in the sense that the vast majority, if not all, of commercial liability policies and property & casualty policies have exclusions for pollution,” Corry said. “They may have a small sub limit for pollution cleanup, between $100,000 to $250,000, but It’s not a comprehensive pollution and env