Panel Says BP Is Additional Insured As To Pollution Risks Related To Oil Spill

Panel Says BP Is Additional Insured As To Pollution Risks Related To Oil Spill

NEW ORLEANS - BP Exploration & Production Inc. and its related entities are additional insureds under policies issued to Transocean Offshore Deepwater Drilling Inc. and, therefore, are entitled to coverage as additional insureds for claims related to the Deepwater Horizon incident, the Fifth Circuit U.S. Court of Appeals said March 1 (In Re: Oil Spill by the Oil Rig "Deepwater Horizon" in the Gulf of Mexico, on April 20, 2010, No. 12-30230, 5th Cir.).

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