Insurance Companies are Slow to Cover Risks of Drilling from the Pittsburgh Post-Gazette
"One company has written an exclusion that forces clients working with oil and gas companies to obtain additional coverage. An industry group drafted a memo encouraging brokers to brush up on potential liabilities, even including knowledge of the rare earthquakes said to be a byproduct of some industry practices. The changes represent another form of growing pains for the far-reaching drilling industry and the ancillary businesses it involves."
"One company has written an exclusion that forces clients working with oil and gas companies to obtain additional coverage. An industry group drafted a memo encouraging brokers to brush up on potential liabilities, even including knowledge of the rare earthquakes said to be a byproduct of some industry practices. The changes represent another form of growing pains for the far-reaching drilling industry and the ancillary businesses it involves."
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