Filed Under:Claims, Catastrophe & Restoration

September Environmental Disasters Highlight Various Ways Insurance Can Respond

Matson Navigation Co. CEO Matt Cox speaks during a news conference in Honolulu. Cox says the company responsible for spilling 1,400 tons of molasses in Hawaii waters will fully pay for cleanup and other costs. (AP Photo/Oskar Garcia)
Matson Navigation Co. CEO Matt Cox speaks during a news conference in Honolulu. Cox says the company responsible for spilling 1,400 tons of molasses in Hawaii waters will fully pay for cleanup and other costs. (AP Photo/Oskar Garcia)

Colorado business owners could face unexpected financial repercussions for environmental hazards that settled on their property after the recent flooding in the state, an environmental expert says.

And a Sept. 9 spill of some 233,000 gallons of molasses into Hawaii’s Honolulu Harbor near Sand Island has caused one of the worst environmental destructions to sea life in the island state’s history, according to news reports.

The molasses could also cause unusual growth in marine algae, and because the spill happened in a harbor where there’s less circulation than the open ocean, it could be months or even years before the molasses completely washes away.

Matson immediately ceased its molasses operations and said in a press conference and ensuing press release that it would “fully cooperate with the state” on cleanup response.

Featured Video

Most Recent Videos

Video Library ››

Top Story

Hosting a Super Bowl 50 party? Watch out for these 5 risks

Follow these five tips to keep your guests and your home safe during your Super Bowl 50 party.

Top Story

Win big with these 7 food safety tips for your Super Bowl 50 party

Avoid food safety penalties at your Super Bowl party by following these seven tips.

More Resources

Comments

eNewsletter Sign Up

Claims Connection eNewsletter

Breaking news on disasters, fraud, legal trends, technology, and CE initiatives for the P&C claim professional – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.