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Excess Insurers Seek To Escape BP Pollution Liabilites

By Allison Grande (May 24, 2010, 7:39 PM EDT) -- Certain underwriters of Lloyd's of London and a slew of insurers that issued excess liability insurance policies to Transocean Ltd. have asked a district court to declare that they have no obligation to cover BP PLC from pollution claims arising out of the massive Gulf of Mexico oil spill....

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