Thursday, September 29, 2011

oil spill insurance : Oil and Gas Insurance Specialists

oil spill insurance : Oil and Gas Insurance Specialists


We specialize in helping contractors manage the risk. It is important to recognize the errors that have the potential to occur on the job and how to guarantee the right to protect you from complications of the unexpected or to a specialist risk management, we are ready to help. you navigate the complex world of insurance and advise on the plans and providers that are best suited for your unique situation. Whether you want more information about workers' compensation, general liability, bonds, disability, commercial cars and trucks, or by the sea with us to provide you with the most up to date information. Our specialists work to ensure that they have information relevant to you and your business is no general answer to your question. We know that and make it our priority to listen to your needs in order to give you the advice that matters to you most. Which has a long history that dates back to 1914, we have the experience to provide you with the type of service you need. At what level of industry you are in, you will receive personal attention, honest answers and advice that is unique to you. General liability. Provides coverage for your company to financial loss. Workers Compensation. The legal rights and benefits to employees injured on the jobsite. Bond Performance bond, bonds, bonds guaranteed by road blockages, bonds, licenses and permits. Commercial vehicles and trucks. The liability and physical for your vehicle. Sea water. floaters to the risk of equipment and tools. Disability The legal rights and benefits to employees injured off the jobsite. Oil and gas business is not easy. Treatment equipment working, crew and management, implementation, evaluation, or follow the ever-evolving government regulations are rife with potential problems. While you need to know that you're protected in case something does go wrong with any of the many problems that may threaten your work tends to be your first priority. The EFGI We understand and can help to eliminate your worries. Using our in-depth knowledge and understanding of oil and natural gas, combined with our portfolio of insurance companies we represent specialize in oil and gas gives us a unique advantage. Let us help you proactively manage your risk. Highlights of Coverages. General liability. Workers Compensation. The liability of the umbrella. Rigs and equipment. Truck The property. Control of the well. Rental properties, oil In addition, we can provide coverage for directors and officers liability, crime, employment practices liability, fiduciary liability, and more. No matter what your size or whether you are on the coast or overseas, we can meet your needs. We offer the following types of business

Tuesday, September 27, 2011

Home owners Insurance Not Cover Many Types of Damage

Home owners Insurance Not Cover Many Types of Damage

Every year in every state, property owners, many of which found that insurance policy that the landlord will not pay when their home was destroyed by geological processes such as earthquakes, soil, expansive, floods, hurricanes, landslides and subsidence. These homeowners might have the impression that the "total disaster" insurance policies, they will pay for almost any type of damage that they will be exposed to. But I feel the same way when I bought my first home owners insurance policy. I remember a prominent agent told me that it was a "total disaster" and feel good about that. I do not read policies word by word to see what it really covers - the previous policy of insurance issued by 50 leading companies in the insurance industry? Everyone assumed that they will cover everything. A few years later to work as a geologist who brought me in contact with the owners of many homes that do not fit together when their homes have been damaged by flooding, landslides, subsidence and other problems, I was surprised at that. Many people have been urged to ensure the rough.not by the company that I tend to think that the leaders of the indusstry insurance.
"The thing that we do not cover." One day, I send my insurance company's policy is revised, and I decided to take a little time reading it. I want to find out if your policy will cover the same threat that I see others suffering? Sure enough, the policy statement, except that very clear. The list of exceptions is almost identical to the subject of environmental geology textbook. Have coverage for landslides, floods, mine subsidence, mud slides, mud flows, volcanic eruption, surface water, waste water, and a long list of other problems are not. I have looked in the statements excluded from homeowner's insurance policy number and my personal opinion is that the typical homeowner's insurance policy is not much more than fire and liability policy limits. - and some areas may be damaged by objects falling and the wind. Your homeowners insurance might not cover even half of what you think it will. Lessons that will take away from this. "Learning about geology before you buy a house" if the house has some of the geological risk, you should not buy it. You should know exactly what your risk and insurance to provide cover for themn or living in the house to inform you of your touch. Below I have done my best to summarize what many homeowners policies do not cover and provide links to more detailed information. To learn more on these topics can be found by reading books about environmental geology and environmental geology at the University. For specific information contact the website you can consult a geologist or geological exploration services in areas where housing is located. Earthquake insurance. Typical homeowners insurance policies do not cover damage from earthquakes. Homeowners in need of protection is normally required to purchase "a disaster" policy - a policy of insurance, earthquake. One way to do this is to ask your homeowners insurance agent if your policy provides coverage for earthquake.In some geographic areas, earthquake insurance is available through government-sponsored programs such as earthquakes in California. Many insurance agents can advise you about our company and the government provided protection against earthquakes in your area. Question many people ask the landlord is. "Do I need earthquake insurance?" There are a few situations where homeowners have earthquake insurance in order to comply with the requirements of a mortgage. But for most people the answer depends on where home is and the level of risk that homeowners will be willing to take. Small map on the right shows the geographical variability of the earthquake hazard. White areas on these maps are the least dangerous and most red zone. Earthquake insurance can be a very good idea in red and orange. If I lived in these areas, I will buy insurance. It is thought wise in the yellow area. The danger of an earthquake is reduced in the area of ​​green, blue and white, if you live in one of these areas and want the peace of mind that you receive financial protection in case of damage and insurance to buy. good I live in southwestern Pennsylvania and did not have earthquake insurance - maybe I will not regret one day.

Sunday, September 25, 2011

oil spill insurance : Finding Insurance For Oil Spill Cleanup

oil spill insurance : Finding Insurance For Oil Spill Cleanup
 
Insurance mandate, the government will prevent a large number of contractors involved in cleaning up oil spills in the Gulf of Mexico oil and BP.

To that end, MarketScout said it has developed a program called cleanup of oil spills and editing (Oscar) to assist contractors in obtaining a policy.

"Insured, most do not provide insurance coverage needed and many people do not fear the death of a leak this," said Richard Kerr, chief executive of MarketScout exchange, insurance agents, retailers, independent. mostly.

"There are people sitting on the sidelines because they can not get hired because they need the insurance," Mr. Kerr said.

Contractors are required to purchase pollution liability and workers in a government mandate 'compensation coverage under the workers' Harbor. Longshore 'Compensation Act (USL & H).

"There are a limited number of providers willing to take a look at this risk, especially for new customers and how they can vary by provider," said Iain Greenway, chairman of the lig Manager Marine Inc, wrote in a blog.

Such action, which has been extended over time because the case law to the benefit of those who are employed in maritime employment on navigable waters or adjoining areas.

The complicating, many insurance companies do a light on the basis of a particular state. Policies that do not work in countries affected by the spill.

"In this case, the document is to slow down the process of cleaning, since the contractor has not been out there," Mr. Kerr said. "We tried to make a one-stop solution for them to get the information they want.".

MarketScout said four leading energy company involved in the Oscar to USL & H, general liability, marine hull, liability, workers' compensation, automobile, excess liability and property.

Wednesday, September 21, 2011

oil spill insurance : What Does Oil Insurance Cover?

oil spill insurance : What Does Oil Insurance Cover?

Insurance is the oil sector, which covers a wide range of activities related to the oil industry and energy.




 Some insurance companies specializing in oil companies 'management of insurance, while some others are only part of the oil industry as their clients' investment portfolios, insurance companies, particularly oil. However, there is a bigger market share and thus may provide more assurance program and an advanced service which might not be a general insurance provider.Cargo Insurance is usually the most sought after types of insurance for the oil sector. Such type of insurance covers the contents of the tanks, vehicles and goods. A. Pre-Yom Academy can also cover items such as pollution of the third party based on a sudden accident or as a response to the spill, the response to the environment and other related claims. Some of the premium, the rider training course to maintain the safety and spill response are taught.Assurance that transactions are mainly in the traditional method of distribution. But the events of the Internet, some insurance companies and online services to oil sites and portals that insurance transactions and claims can be managed 24 hours a day, 365 days a year from all over the world. These sites. However, underwritten by insurance companies in particular. In turn, it will greatly reduce the cost and response time between the claims and settlements, because everything was not addressed in the paper, the environment, security and electronic systems. Certificates and other necessary documents in a fraction of the time they took the traditional route.





nsurance also involves guarantees of oil rigs and oil well drilling industry as a whole. Rigs and wells to ensure a market for insurance cover. But the nature of the insurance industry, this oil has some changes, and changes in the aftermath of hurricanes Katrina and Rita a few years back. Last Updated guidelines of the National Insurance Commission (NAICOM) also changes the settings for the oil industry, especially the distribution of insurance of insurance in foreign countries are concerned. This was done in an effort to increase indigenous participation in oil and gas industry

oil spill insurance : What Does Oil Insurance Cover?

Sunday, September 18, 2011

oil spill insurance : Oil spill insurance coverage

oil spill insurance : Oil spill insurance coverage

Homeowners often want to sue their insurers for fuel contamination, even if they only. However, the protection of third parties. Several years ago, many insurers amended their policies to remove first. (Of itself), the protection for the oil leak if you do pay extra premiums. Pay a premium and many people find themselves with nothing. However, the protection of third parties, six occurred or was discovered.



 Insurance companies usually pay for the clearing of some in order to prevent or control migration outside the protection of third parties. However, off-site migration can be stopped without cleaning up the property owners that the government can use it. This is often very difficult to do in position.In Cole v. Aviva Insurance Co. of Canada as a judge in Newfoundland has been trying to help homeowners with the introduction of a new interpretation: If the groundwater is the property of the owner of the house. contamination did not affect the interests of the Crown in the groundwater?





And if the Crown is not affected by the coverage of any third party called? The judge raised the issue of his own motion, after backing up his decision about the liability trial. He therefore ordered the parties to return to discover and present additional evidence on this issue; ° and the results of this process, any appeal is still unknown. However, if the plaintiff is successful in the end, the clock for the wave of lawsuits against other insurers as quickly with the new limits in the words of assurance. policies.Every home insurance company will try not to pay for the insurance, because they will use their own profits. This article will show us just fine. We will have to pay for insurance, why? I did not have insurance because I thought, so I can save a lot of money. I recommend it to everyone

oil spill insurance : Oil spill insurance coverage