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Anderson Kill & Olick Examine Insurance Implications of Gulf Oil Spill

By John G. Nevius, Shareholder, Anderson Kill & Olick P.C. Reports on the recent collapsed of the Deepwater Horizon rig and associated oil spill in the Gulf of Mexico seem to be going from bad to worse. It's too early to predict how insurance claims will come out, observes attorney John G...

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...

Emerging Legal and Insurance Issues from the Gulf Oil Spill

By John L. Watkins, Shareholder, Chorey, Taylor & Feil Last week, courtesy of my friends at LEXIS, I attended the HB Litigation Conference in Atlanta on litigation and insurance coverage issues arising from the BP oil spill disaster in the Gulf of Mexico. The presenters included extremely well...

Are Costs Of Cleaning Up Radioactive Contamination Covered?

By Rene Siemens, Partner, Pillsbury Winthrop Shaw Pittman LLP For decades, insurers have denied coverage for the costs of investigating and cleaning up radioactive contamination. Insurers insist that such costs are excluded from coverage. Their position took a body-blow recently when a Massachusetts...

Don't Expect Your Homeowner's Insurance To Cover Pollution When You Lease Your Back Yard to Shale Gas Fracking Drillers

Ropers Majeski Kohn & Bentley partners Thomas Clarke and Dean Pappas have published an informative article by Best's Review (February 2012) that looks at the potential risks that arise from hydrofracking operations, and the extent to which a typical homeowner's insurance policy covers the...