Chubb: Legal, Govt. Fears Nix Brownfield Buys

NU Online News Service, Oct. 31, 2:40 p.m. EST?More than half the companies responding to a nationwide poll said they had declined to purchase environmentally damaged properties because of concern about government regulation and litigation.

The survey performed by CFO Research Services, on behalf of New York City-based Chubb Environmental Solutions, also found some deals collapsed because environmental insurance was unobtainable.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.