Cost-Cap Policy Support (Stop Loss)
Dominion’s goal is to reduce the insurance company’s risk by providing a
thorough and accurate determination of actual site costs. Dominion’s technical
support for cost-cap policy decisions is based on our staff’s 80 years’ combined
experience in remedial investigation, remedial design and implementation, and
project management coupled with hands-on insurance industry experience. Dominion
project staff credits include regulatory closures on over 20 RCRA facilities, 6
CERCLA properties, and 100 UST sites. Dominion staff members also have extensive
experience in expedited remedial efforts for brownfield sites, assisting
purchasers to install the final remedy and cap the site while allowing for
commercial development within a limited time frame.
Dominion’s cost-cap policy support includes evaluation of cost, technical
feasibility, and schedule information provided by the claims professional for
completeness, data quality, and reasonableness and, if necessary, the assembling
of corroborating information through regulatory agency contacts and other
sources. Dominion applies the available information, sound judgment, and our
extensive regulatory negotiation and site closure experience to evaluating the
possible remedial scenarios and providing resultant remedial outcomes on which
claims professionals can base their calculations with assurance. Dominion
emphases effective communication with the claims professional to ensure we
accurately understand and incorporate the fundamental issues specific to the
claim coverage.