Is BP going to get money from insurance companies because of the oil spill?



  1. 0 Votes

    According to the webpage I have linked below, insurance should cover most of BP’s spill expenses.  This would be very similar to the Exxon Valdez spill, where Exxon was only responsible for about $700 million of the over $2 billion in cleanup cost and compensatory damages.  Wacky world we live in where others will pay for our massive-catastrophic errors.  I do not pity the insurance companies one iota. 

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