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Transocean Policies Won't Cover BP, Texas Justices Told

By Jeremy Heallen (January 24, 2014, 5:13 PM EST) -- Transocean Ltd., Ranger Insurance Ltd. and Lloyd's of London told the Texas Supreme Court on Thursday that BP PLC could not recover losses sustained in the Deepwater Horizon oil spill under insurance policies worth $750 million held by Transocean....

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