PARLL

AcronymDefinition
PARLLPollution and Remediation Legal Liability (insurance)
References in periodicals archive ?
These programs combine a fund, paid into by the client, with a layer of true insurance - the PARLL policy.
Vuono noted that after the remediation is completed, the PARLL policy can also be transferred to the new site owner to ensure that future claims arising from an incomplete cleanup or other unknown conditions are covered.
The PARLL policy offers several benefits to the purchaser or developer of a brownfield.
The PARLL family of environmental policies, including this enhanced form, is designed to address the environmental risk management needs of businesses including industrial and commercial real estate, waste management, chemical firms, and property owners and operators.