Risk Management Consulting Engagements
We represented a Bay Area Port and its environmental consultants in designing an environmental cost cap and pollution legal liability insurance program that was acceptable to the Port, the U.S. Navy, the regulatory agencies and the State of California, for the transfer of "Rough and Ready Island" for development, including as a large staging and ground transportation center for the import of automobiles from Asia.
We advised a residential developer on liability and environmental coverage for a large condominium development in downtown San Francisco including the review of both owner-controlled and contractor-controlled insurance program alternatives. The project also involved an environmental management plan agreement with the City of San Francisco, and we advised the company on placing environmental insurance to cap the incremental construction cost related to unanticipated remediation costs in consultation with environmental experts.
We participated in the development of a written risk management policy manual for a large real estate owner and developer entering the condominium market, including analysis of the risks from the standpoint of the client as a contractor and developer of both new construction and conversion projects.