As the nation and world are mesmerized by the sight of oil gushing from a well on the Gulf of Mexico's floor, a new fear is arising about the course the oil will take and which areas will be most affected long-term. With hurricane season just a month old, we have to wonder what impact hurricanes in the region will have on the expanse and damage from the gushing oil.
Five years after the fact, we continue to watch as courts wrestle with the question of whether water damage that occurred during Hurricanes Katrina and Rita should be covered through residential and commercial property policies. Other tricky questions arose when policyholders who carried flood insurance first made a claim on that line and then tried to recover additional damages by claiming the damage was caused by wind and thus should be covered on their property policies. How complicated will these issues become when a third element — pollution — is added to the equation?
Mixing Oil and Water
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