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Archive for May 23rd, 2010


BP Spill Insurance May Not Cover All That Obama Wants

As a blogger for Insurance School Florida, I’m following the tragic spill in the Gulf of Mexico closely .   It has been estimated  that BP has insurance covering 1.4 Billion in Losses .   Contrast that with the fact that in  1988 Occidental Petroleum’s Piper Alpha facility in the North Sea exploded and cost 3.8 Billion . [...]

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