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By Harry R. Weber and Kevin McGill, Associated Press |
November 16, 2011
BP has lost two big rulings in its fight to shield itself from potentially having to pay billions of dollars more in damages related to the worst offshore oil spill in U.S. history, though the company was able to limit some of its future exposure.
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By Michael Kunzelman, Associated Press |
June 21, 2011
A BP PLC contractor has agreed to pay the British oil giant $75 million to settle all potential claims between the companies over last year's deadly rig explosion and the massive oil spill.
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By Barclay Nicholson |
May 31, 2011
A year after BP's oil spill in the Gulf of Mexico, one cruise line is still seeking compensation for economic losses and damages.
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By Holbrook Mohr, Associated Press |
April 14, 2011
The administrator of BP's $20 billion oil spill fund says Mississippi Attorney General Jim Hood could undermine the claims process by urging a court to intervene and by making allegations that border on defamation.
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By Caroline McDonald, PropertyCasualty360.com |
June 4, 2010
The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said.
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By Caroline McDonald, PropertyCasualty360.com |
June 3, 2010
The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said, but A.M. Best affirmed the oil rig owner's captive insurer rating despite the losses it faces.
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By Phil Gusman, PropertyCasualty360.com |
May 3, 2010
Insured losses from the recent explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico could reach $1.5 billion, according to Transatlantic Holdings, Inc.
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By Phil Gusman, PropertyCasualty360.com |
April 30, 2010
Insured losses from the recent explosion of the Deepwater Horizon Drilling Platform in the Gulf of Mexico could reach $1.5 billion, according to Transatlantic Holdings, Inc.