Highlights the role that insurance and performance standards can play in managing environmental risk. This book analyzes the ability of insurance to play a role in managing environmental risk. It outlines the role insurance plays in society and analyzes the insurability of the risks.

Preface. Part I: Managing Societal Risks. Introduction: Overview of the Problem. 1. Managing Risk through Government Benefit Programs. 2. Managing Risk through the Legal System. 3. Managing Risk through Insurance. Part II: Managing Environmental Risks. Introduction: Insuring Environmental Risks. 4. The Insurability and Marketability of Risk. 5. Insuring Asbestos Risk: Background and Identification of Risk. 6. Insuring Asbestos Risk: Insurability and Marketability Conditions. 7. Insuring Other Types of Environmental Risk. 8. Summary and Conclusions. Index.