Settlement Reached in Vermont Asbestos Mine Cleanup

 Wednesday, October 23, 2013

 Insurance Journal

A settlement has been reached with the owner of a former asbestos mine in northern Vermont to help cover the costs of some pollution controls. Vermont Asbestos Group also has agreed to pursue $3.5 million in insurance money that could help pay for maintenance and operation of pollution controls at the former mine in Eden and Lowell.According to court papers filed last week, the company will pay $50,000 to the state of Vermont over the next 10 years, aside from the possible insurance money, the Burlington Free Press reported. “Settling defendant shall not use the site, or such other real property, in any manner that EPA or the state determines will pose an unacceptable risk to human health or to the environment due to exposure to (asbestos) waste material,” the document said.