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American Wholesalers Underwriting Ltd Adds Environmental Protection to Wholesalers Insurance Program, WIP(R)
Date:2/3/2010

STAMFORD, Conn., Feb. 3 /PRNewswire-FirstCall/ -- American Wholesalers Underwriting, Ltd., a specialized program administrator, today announced the availability of environmental insurance coverage in its "Wholesalers' Insurance Program," or WIP, a comprehensive insurance program targeting the durable and non-durable goods wholesale distribution industry.

American Wholesalers Underwriting, Ltd. has partnered with the XL Insurance's Environmental group to create an environmental insurance program specifically designed for wholesalers providing coverage for pollution liability and clean-up expenses including remediation expense, bodily injury and property damage, and legal defense for pollution conditions resulting at or from an insured warehouse or distribution center. The coverage is provided by XL Insurance's Greenwich Insurance Company, one of the member insurers of the XL Capital Ltd group of companies. XL Insurance's Environmental group has more than 25 years of experience in underwriting, risk management and claims management of environmental risks.

According to American Wholesalers Underwriting Chief Operating Officer John Shea, "Warehouses and distribution centers are often tasked with storing or moving products that could pose pollution risks. Therefore, not only do they have to pay close attention to the proper storage and handling of possibly harmful materials, they need to protect themselves from the costs associated with cleaning up a spill or other environmental incidents."

Common environmental risks faced by warehouses and distribution centers include:

-- Spills or leaks during the loading or unloading of materials from trucks and railcars

    -- Contamination as a result of a fire at the facility
    -- Waste from on-site vehicle or forklif
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SOURCE XL Insurance
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