2010 CPEO Military List Archive

From: Lenny Siegel <lsiegel@cpeo.org>
Date: Wed, 9 Jun 2010 08:04:36 -0700 (PDT)
Reply: cpeo-military
Subject: [CPEO-MEF] REUSE: Insurance for Riverbank Army Depot (CA)
 
Press Release
XL Insurance
June 9, 2010


XL Insurance Helps Facilitate Early Transfer at Riverbank Army Ammunition Plant Using Environmental Insurance

EXTON, Pa., June 9, 2010 /PRNewswire via COMTEX/ -- XL Insurance, the global insurance operations of XL Capital Ltd, today announced that its Environmental unit is providing environmental insurance coverage to aid in the early transfer of the former Riverbank Army Ammunition Plant in California.

The environmental insurance policy was purchased by the Riverbank Local Redevelopment Authority (LRA), and enabled the LRA to minimize its environmental exposure as it assumed its role as the landlord for multiple tenants on the site. XL Insurance has provided similar environmental insurance protection to 36 different Base Closure and Realignment Commission (BRAC) sites.

...

For the entire release, see
http://www.marketwatch.com/story/xl-insurance-helps-facilitate-early-transfer-at-riverbank-army-ammunition-plant-using-environmental-insurance-2010-06-09?reflink=MW_news_stmp

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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