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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...

Chip Merlin - BP Oil Spill Could Be Worse Than Any Hurricane Damage and Much More Widespread--Even the East Coast of Florida Could Be Impacted

By Chip Merlin, Managing Partner, Merlin Law Group I hate to make doomsday predictions, but there is a possibility that the BP Oil Spill could be worse than any hurricane or catastrophe that I have been involved with. I spent yesterday speaking with others about the current situation. Indeed, my father...

Gulf Oil Spill: Gusher of Insurance Claims

The British Petroleum Claims are Coming The British Petroleum Claims are Coming -- If Paul Revere had been a lawyer Right now there is only one thing that there is more of than oil floating in the Gulf of Mexico - blood. And the sharks smell it and are circling. One media report that I saw had...

Mealey’s Litigation Report – Class Action Filed by Mississippi Fishermen Seeking Damages from Massive Oil Spill

BILOXI, Miss. - (Mealey's) Two Mississippi fishermen on May 3 filed a class action lawsuit in Mississippi federal court against companies they claim are responsible for the massive oil spill in the Gulf of Mexico (Charlie C. Nguyen, et al. v. Transocean Ltd., et al., No. 10cv178, S.D. Miss.). ...

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...

Eyjafjallajokull, Deepwater Horizon, and Property Insurance

By Eugene Wollan, Senior Counsel, Mound, Cotton, Wollan and Greengrass On March 20, 2010, and again on April 14, 2010, Iceland's Eyjafjallajokull volcano erupted, creating a plume of ash and sediment so massive that air travel across Europe and the Atlantic Ocean was affected for weeks. On April...

National Disasters Implicate Property and Casualty Claims

By Robert Hille, Partner, Kalison, McBride, Jackson & Murphy, P.A. The World Trade Center attack, Hurricane Katrina and now the BP oil spill – three national disasters implicating coverage under several types of property and casualty policies, but with varying results depending on which...

Insurance Coverage Issues for Third-Party Businesses and Municipalities with Losses Due to the Oil Rig Explosion in the Gulf of Mexico

By Selena Linde, Partner, Perkins Coie LLP An explosion at the Deepwater Horizon drilling platform in the Gulf of Mexico on April 20, 2010 left eleven workers dead. Each day since the explosion occurred, approximately 210,000 gallons of oil have spilled into the Gulf of Mexico. The oil already...

McCarter and English LLP on Insurance Coverage for Damages Arising from the Gulf Oil Spill

By Brian J. Osias and David C. Kane, Attorneys, McCarter & English, LLP The recent oil spill in the Gulf of Mexico has become arguably the worst in United States history. Spewing up to 30,000 barrels a day, it has surpassed even the Exxon Valdez disaster. Third parties will invariably suffer...

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...

Panelist: ‘Interesting, Creative’ Insurance Battles Over Gulf Oil Spill Loom

ATLANTA - The Gulf of Mexico oil spill could result in some "interesting and creative lawyering" in the insurance arena, an attorney on a four-member panel said June 25 on the last day of HB Litigation Conferences ' Oil in the Gulf: Litigation & Insurance Coverage Conference here. ...

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...

Perkins Coie LLP on Fifth Circuit Holds That Terms of Insurance Policy, Not Indemnification Provision of Contract, Controls Coverage for BP in Deepwater Horizon Insurance Dispute

By James G. Bernald, Associate, Perkins Coie LLP Many different civil suits arose out of the April 2010 explosion of the Deepwater Horizon , a semi-submersible, mobile offshore drilling unit, and the resulting oil spill in the Gulf of Mexico. This commentary analyzes an important decision in one of...

Yes, That Pollution Exclusion In Your Insurance Does Work

Read your insurance policy. That’s the bottom line advice for businesses of all kinds, especially when it comes to pollution exclusions in property damage and liability insurance policies. A used car company and its principal learned this the hard way. Mississauga Motor Mart, and its directing...

Facts Rule Coverage – Pollution Exclusion Effective

Insurers do not want to cover pollution under a basic automobile insurance policy. In their generosity they take on the liability of their insureds if, as a result of a collision or upset of an insured vehicle, some pollution occurs. That does not, however give coverage for every incident of pollution...