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Insurance and the Gulf of Mexico Oil Spill

By Michael Kotula , Partner, Rivkin Radler, LLP. The explosion on the Deepwater Horizon platform and rupture of an oil well in the Gulf of Mexico, and the ensuing oil spill, is likely to result in significant liability exposures for a number of companies. Here is what is currently known about the...

Expect Gulf Oil Slick Claims to be Extensive and Impact Multiple Lines of Business

By Marc Lanzkowsky, Founder and Principal, Lanzko Consulting, Inc. As the losses in the gulf continue to rise, the true claims impact has yet to unfold I don’t think the insurance industry has felt the true brunt of the horrific events of the April 20 blast on the Deepwater Horizon...