Month: September 2008

Insurance Archaeology – What is it and Why is it Beneficial?

Posted on by Jeff Carnahan

Published in Fabricare The Magazine of Drycleaning & Laundry Institute Sep/Oct 2008

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Insurance archeology is the process of location and finding historical insurance policies that covered individuals and businesses. Historical insurance can be a huge benefit to drycleaners, as old policies can be used to pay for costs associated with soil and groundwater contamination investigations, legal representation, and even the cleanup of contaminated sits. Continue reading “Insurance Archaeology – What is it and Why is it Beneficial?”

Finding Gold In Discarded Policies

Posted on by Jeff Carnahan

By Neela Eyunni
As Published in Law Week Colorado, Sept. 1, 2008, Vol. 6, No. 35

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DENVER—Archeologist David O’Neill meticulously sifts trough historical artifacts in an attempt to reconstruct the past, O’Neill, however, isn’t searching for fossils or prehistoric creatures. Instead, he’s looking for old insurance policies.

O’Neill is the director of Policy Find, an insurance “archeology” firm that recovers lost insurance policies to provide indemnity for clients struggling with long-term claims, various state courts have evolved to revive general and product liability insurance policies that were once considered expired, said O’Neill.
“These lost or discarded policies have he potential to fund costly environmental investigations or pay product liability defense costs, often saving corporate and small business policyholders from economic ruin,” he said. Continue reading “Finding Gold In Discarded Policies”