Oil Pollution Act market retreats over stance of US Coast Guard
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Oil Pollution Act market retreats over stance of US Coast Guard

A claims dispute between the US Coast Guard and insurers has sparked fear about aggregations.

By Samuel Casey Rachel Dalton
May 02, 2024
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ALAMY US coast guard.png
Photo: Alamy

A string of carriers have walked away from the Oil Pollution Act (OPA) insurance sub-class in London, following attempts by the US Coast Guard to claw back compensation from policies stretching over multiple years, Insurance Insider can reveal.

Carriers

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News Energy Claims and losses
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