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Dennis Could Hike Oil Rig Insurance

Hurricane Dennis, which abated somewhat as it made landfall in Florida may have done its worst damage offshore as it rampaged through oil well ...

By Mark E. Ruquet | Updated on February 18, 2005

Hurricane Dennis, which abated somewhat as it made landfall in Florida may have done its worst damage offshore as it rampaged through oil well platforms, according to a knowledgeable insurance broker.

Bruce Jefferis, a managing director of Aon Natural Resources in Houston, said there is concern that Dennis, which was clocked at a category four hurricane with winds approaching 140 mph, could have done significant damage to the Gulf Coast energy infrastructure.

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