Wednesday, July 25, 2012

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."

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