On the topic of insurance carried by Texas Brine for damages from their disaster at Bayou Corne we didn’t find anything specific. But we did find something of interest about Texas law and the brine industry insurance/assurance requirements. These documents have lots of interesting info –
From 2007, Texas –
TITLE 30. ENVIRONMENTAL QUALITY
Part 1. TEXAS COMMISSION ON ENVIRONMENTAL QUALITY
Chapter 37. FINANCIAL ASSURANCE
Subchapter X. FINANCIAL ASSURANCE REQUIREMENTS FOR BRINE EVAPORATION PITS
Texas Commission on Environmental Quality – Financial Assurance Requirements for Brine Evaporation
Also Texas – this document on underground storage says:
nonhazardous drinking water treatment residuals – DWTR can contain NORM (!!!!) < yeah, radioactive waste, NONhazardous, yep!
The EPA has a page on Hazardous Waste Land Disposal Units (LDUs)
R315. Environmental Quality, Solid and Hazardous Waste.
Rule R315-309. Financial Assurance.
As in effect on October 1, 2013
R315-309-9. Corporate Financial Test.
of interest is E and F –
(e) “Independently audited” means an audit performed by and independent certified public accountant in accordance with generally accepted auditing standards.
(f) “Liabilities” means probable future sacrifices of economic benefits arising from present obligations to transfer assets or provide services to other entities in the future as a result of past transactions or events.
We wonder who ever auditied Texas Brine?