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Obama administration sues BP and others for the Deepwater Horizon disaster

Edwards Wildman Palmer LLP
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USA
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December 16 2010

The federal government filed a lawsuit yesterday in federal district court in New Orleans -- U.S. v. BP Exploration & Production Inc., et al. seeking damages under the Clean Water Act and the Oil Pollution Act for all costs and harms caused by the BP disaster, including damages to the environment

BP spill update: GCCF issues protocol for interim and final claims

Edwards Wildman Palmer LLP
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USA
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December 1 2010

The Gulf Coast Claims Facility ("GCCF") -- the agency responsible for doling out the $20 billion fund that was set up by BP as a result of the April 20, 2010 Deepwater Horizon incident (the "Spill") -- has issued its Protocol for the submission and resolution of Interim and Final Claims

Insurance turns “green” in California

Edwards Wildman Palmer LLP
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USA
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October 6 2010

This updates our September 2, 2010 posting

U.S. Senate passes one-year extension for National Flood Insurance Program

Edwards Wildman Palmer LLP
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USA
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September 22 2010

As we previously reported here, the National Flood Insurance Program (“NFIP”) will expire on September 30, 2010

Deepwater Horizon Incident: has your insured made a claim with BP or the Gulf Coast Claims Facility? Should it?

Edwards Wildman Palmer LLP
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USA
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September 20 2010

Effective August 23, 2010, all Deepwater Horizon Incident (the "Spill") claims must be filed with Gulf Coast Claims Facility ("GCCF") and no longer with BP

Insurance turning “green” in California: lawmakers propose tax credit for insurers who invest in “green” tech projects

Edwards Wildman Palmer LLP
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USA
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September 2 2010

California legislators are ready to pass a bill to entice insurance companies to invest in "green" technology projects in low- and moderate-income urban and rural communities

Upstream insurers see losses from Gulf oil spill but continue business

Edwards Wildman Palmer LLP
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USA
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August 12 2010

According to a recent Dow Jones News Service article, leading insurance companies have recently stated that they do not expect the Deepwater Horizon explosion in the Gulf to be a catastrophic event for the so-called "upstream" insurance market

Oil rig’s insured losses estimated to be $4 billion to $6 billion

Edwards Wildman Palmer LLP
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USA
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August 12 2010

According to a recent article in Business Insurance, risk management consulting firm Towers Watson & Co. estimates that commercially insured losses from the explosion at the Deepwater Horizon oil rig in the Gulf of Mexico will be between $4 billion and $6 billion

New estimates double -- BP oil spill is the equivalent to the Exxon Valdez disaster gushing into the Gulf of Mexico every 8 to 10 days

Edwards Wildman Palmer LLP
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USA
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June 16 2010

The Flow Rate Technical Group, a federal panel, now estimate that 20,000 to 40,000 barrels of oil a day are flowing into the Gulf of Mexico as a result of the Deepwater Horizon explosion

“Green” database to track and report on retrofitted buildings in New York City

Edwards Wildman Palmer LLP
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USA
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June 16 2010

The Deutsche Bank Americas Foundation is financing a database of hundreds of buildings that have been sustainably retrofitted in New York City

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