Trans Mountain Pipeline Wins Bid to Hide Insurers from Activists
Opposition to the Canadian oil sands led to efforts to protect insurers facing pressure to drop coverage of the pipeline.
(Bloomberg) — Trans Mountain Pipeline LP’s effort to keep its insurers’ names confidential was accepted by regulators in a setback for environmental groups fighting to prevent the development of the Canadian oil sands.
“Trans Mountain has satisfied the requirements for confidentiality,” Canada Energy Regulator said in its decision Thursday, April 29. “The names of Trans Mountain’s insurers could reasonably be expected to prejudice its competitive position in its dealing with potential insurers.”
This premium content is locked for
Insurance Coverage Law Center subscribers only.
Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.
- Access the most current expert analysis and daily developments across jurisdictions
- Solve complex research issues with expert tools and intelligence
- Tap into insurance coverage expert guidance
Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.