Environmental Economics

The Financial Impact of Environmental Events and Issues on the Property and Casualty Insurance Industry

The purpose of the study is to develop a further understanding of how industry-related ecological issues affect the property and casualty product lines of the insurance industry. These issues include:

    I. Any claim related to asbestos production or materials containing asbestos,
    II. Any claim related to CERCLA clean-ups or other toxic torts,
    III. All risk and exposure from windstorms, as potentially relates to climate change.
More specifically the relationship between environmental performance and financial performance are examined in two areas:
    I. What impact, if any, do a firm’s corporate policies and procedures (e.g., underwriting guidelines, claims management, and loss reserve establishment) pertaining to these issues have on stock price?
    II. Is there a correlation between stock price and significant environmental events and announcements?
This is one a number of reports prepared by the Institute as a part of their Competitiveness Project, as explained in their summary report.

MEB Case Studies
Industries: Title of Report in EERICompanies: Title of Report in EERI
Pulp and Paper*: Competitive Implications of Environmental Regulations: A Study of Six IndustriesAES: Not done for EPA and not in EERI
Paint and Coating*: Competitive Implications of Environmental Regulations: A Study of Six IndustriesAT&T: Not done for EPA and not in EERI
Electronics*: Competitive Implications of Environmental Regulations: A Study of Six IndustriesBMW: A Proactive Approach to Vehicle Recycling, Part of Field Study Series on Environment and Industrial Competitiveness
Printing Inks*: Competitive Implications of Environmental Regulations: A Study of Six IndustriesCarolina Power and Light: Competitiveness of Environmental Regulation: A Case Study on Carolina Power and Light
Refrigerators*: Competitive Implications of Environmental Regulations: A Study of Six IndustriesDow Chemical: Competitiveness of Environmental Regulation: A Case Study on Dow Chemical Company and 1, 1, 1
Batteries*: Competitive Implications of Environmental Regulations: A Study of Six IndustriesGeneral Motors: Not done for EPA and not in EERI
Electric Power: Competitive Implications of Environmental Regulations in the Electric Utility IndustryIKEA: Competitiveness of Environmental Regulation: A Case Study on IKEA
Metal Finishing: Competitive Implications of Environmental Regulations in the Metal Finishing IndustryNorthrop: Not done for EPA and not in EERI
Recovered Paper: Competitive Implications of Environmental Regulations in the Recovered Paper IndustryWeyerhaeuser: Environmental Performance and Strategy at Weyerhaeuser
Polyvinyl Chloride: Competitive Implications of Environmental Regulations in the Polyvinyl Chloride (PVC) Industry
Laundry Detergent: Competitive Implications of Environmental Regulations in the Laundry Detergent Industry
Property and Casualty Insurance: The Financial Impact of Environmental Events and Issues on the Property and Casualty Insurance Industry Companies
  • Keywords
    Subject:
    3. Cost and Economic Impacts Analysis
    8. Other Analyses and Reports
    3. Costs and Economic Impact Analysis - Specific Sectors and Pollutants
    3. Costs and Economic Impact Analysis - Competitiveness Effects
    Environmental Media:
    a. Air
    c. Land
    d. Chemicals
    f. Multimedia
    a. Air - Tropospheric
    c. Land - Superfund/CERCLA
    d. Chemicals - Toxic Substances
    Authors:
    Ganzi, John T.
    Neubert, Brian
    EPA Project Officer/ Manager:
    Carlin, Alan
    Geographic Area:
    United States
    Study Purpose:
    Data Development, Policy Evaluation
    Report Series:
    Competitive Implications of Environmental Regulation
    Inventory Record #: EE-0214K
    List of all reports in the Series:
  • Participating Organizations

    Research Organization:

    Management Institute for Environment and Business,
    A Program of the World Resources Institute
    Address:
    City: Washington State: DC ZIP: 20006
    Phone: Fax:
    E-mail:
    Funding Organization:
    Environmental Protection Agency, Office of Research and DevelopmentAddress:
    City: State: ZIP:
    Phone: Fax:
    E-mail:
  • Report Details
    Type:
    Final
    Date:
    01/01/1997
    Number of Pages:
    28
    Comment:
    Grant/Contract #:
    CR824410-01
  • How to Obtain Report


    Download report now, Not available from EERM
    Use link(s) to download or view the report

    Date Linked: 05/28/2009