There may still be individuals and businesses whose claims may not be paid or fully satisfied. These parties will likely then turn to their insurance policies for compensation. The FC&S staff analyzed how various lines of business could respond.

When grappling with a designated-premises endorsement of a commercial general liability policy, claim professionals must consider both the nature of the insured's premises and the nature of the insured's business, which are not necessarily the same.

Having paid $256 million already in claims, BP will likely issue at least $60 million in advance payments in August to claimants across the Gulf Coast.