Environmental Liabilities Evaluation

(Sarbanes-Oxley Act & Financial Accounting Standard Board {FIN 47})


Over the past twenty five years there have been many changes in the world in which we live. One such change is the recognition of the impact that environmental conditions have created. With such recognition came a gradual evolution of procedures and a wide array of corporate handling of such procedures. One such change has been in the manner in which corporations report environmental liabilities.

As a result of changes in corporate financial reporting required under Sarbanes-Oxley and FIN 47 Enviro-Tox can assist companies, at reasonable rates in many areas including:
  • Document review for FIN 47 and Sarbanes-Oxley Act
  • Asset retirement obligations for environmental financial reporting in conjunction with placement of insurance vehicles.
  • Investigation of potential legacy and current environmental liabilities
  • Evaluate coverage under historic general liability policies and represent companies in presenting novel approaches for coverage to insurers
  • Advise on new environmental insurance products


Enviro-Tox Loss Services can provide cost efficient services to assist with the investigation and document review of environmental exposures which may well have been derived from not only current operations but also from divested operations and products as well as from acquired operations. Both acquisitions and divestitures create insurance quagmires of opportunities to be explored.