Time could be running out for some companies hoping to file an insurance claim over damage caused by the Gulf Coast oil spill. At least that's the warning to clients from lawyers at Jenner & Block. The firm has issued a practice advisory noting that some insurers are taking the position that the deadline to file pollution claims, either for current or future damages, will have passed as of Thursday afternoon. The firm is urging companies to examine all notice requirements in their insurance policies.
Companies Warned of Looming Deadline for Oil-Spill Claims
The National Law Journal
July 7, 2010