Gulf Coast Oil Spill Cleanup Delayed Due to Contractor Insurance Requirements
Summary
Oil spill cleanup contractors must show proof of insurance with policies designed to provide pollution, third party liability and federally mandated workers’ compensation coverages.MarketScout represents dozens of insurance companies specializing in protecting on, and offshore energy and environmental contractors.### Dallas, TX, June 18, 2010 --( PR.com )-- Many contractors stand ready to help save the Gulf of Mexico, but rigid insurance requirements are thwarting their efforts.Contractors are required to purchase specific liability, pollution and federally mandated workers’ compensation coverages designed for employees working on, around or near waterways.Oil spill cleanup contractors must show proof of insurance with policies designed to provide pollution, third party liability and federally mandated workers’ compensation coverages.