Sunday, June 27, 2010

BP to File Claim Against Transocean

BP gave notice it intends to claim £470 million against rig owner Transocean Ltd.'s insurance policy for its part in the Deepwater Horizon rig disaster, The Mail on Sunday reported, without citing sources. BP's risk management strategy continues. How much will the company ask from Cameron, manufacturer of the blowout preventer?

Will any settlements be secret, like the one between Tenet Healthcare and LifeCare Hospitals after Hurricane Katrina? Tenet's Memorial Medical Center was the site of 35 patient deaths, 25 belonged to The Carlyle Group's LifeCare.

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