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BP's Bid For $750M Transocean Coverage Shaking Up CGLs

By Jess Krochtengel ( September 12, 2014, 9:34 PM EDT) -- BP PLC and Transocean Ltd. are set to head to the Texas Supreme Court on Tuesday to argue the limits of a $750 million insurance policy covering the Deepwater Horizon oil spill in a case that has already prompted commercial general liability insurers to take steps to avoid being on the hook for unintended payouts to additional insured parties....

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