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- Title
Multimillion-Dollar Commas and "Magic Words": The In re Deepwater Horizon Additional Insured Dispute.
- Authors
Riksheim, Alana
- Abstract
The article focuses on the decision of the Texas Supreme Court In re Deepwater Horizon which determine the scope of additional insured coverage and interpreting cross-referencing provisions in umbrella insurance policies and underlying service contracts. It mentions the theory of indemnity and additional insured provisions as risk allocation techniques. It also mentions the denial of British Petroleum's (BP) claim to additional insured coverage by the Texas Supreme Court.
- Subjects
BP Deepwater Horizon Explosion &; Oil Spill, 2010; LIABILITY for oil pollution damages; INSURANCE policies; INDEMNITY against liability; PORTFOLIO diversification; TEXAS. Supreme Court; BP PLC; ACTIONS &; defenses (Law)
- Publication
Tulane Maritime Law Journal, 2015, Vol 40, Issue 1, p227
- ISSN
1048-3748
- Publication type
Article