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Archive for June 22nd, 2010


Oil Drilling Industry Faces Higher Premiums

As a blogger for an Insurance School I was waiting to see when Insurers for Off-Sea Drilling would increase their premiums.  The Wall Street Journal reports that premiums have now risen  Fifteen  to  Fifty  % .  The insurance on the rig  by itself  costs  two  to 9 million a year to insure.  It’s estimated that [...]

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