With all three rating agencies now officially supporting the use of secured creditor environmental insurance as a viable and increasingly popular alternative to traditional Phase I due diligence for CMBS deals, environmental broker Miller & Associates continues to penetrate new markets and add clients as market players become more aware of the lower-cost advantages of using insurance for securitizations.

In a span of less than three years, the company has placed coverage on more than 8000 properties throughout the United States and Canada, and as a testament to the growing popularity of environmental insurance, the firm's products were used as a replacement to due diligence for over 90% of those properties.

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