Over the past week, we have been discussing AIG’s AIGRMGreen Reputation Coverage. I had speculated that this insurance might cover bad press resulting from allegations of greenwashing. Turns out, AIG’s insurance product covers more than just bad press. Mark Rabkin, my green building insurance guru, located a copy (PDF) of the AIGRMGreen Reputation Coverage. From … Continue Reading
When I read about the AIGRMGreen Reputation Coverage, which covers bad press for green building projects, I immediately thought of allegations of greenwashing. From wikipedia: Greenwash (a portmanteau of green and whitewash) is a term used to describe the practice of companies disingenuously spinning their products and policies as environmentally friendly, such as by presenting … Continue Reading
How did we all miss this? While AIG may have had its problems recently, it certainly has created an innovative green building insurance product: The company says the casualty coverage for property owners and managers of green buildings consists of two coverages, AIGRMGreen Reputation Coverage and AIGRMGreen Indoor Environment Coverage. The reputation coverage provides up … Continue Reading
