• Oil Spill Notice Deadline Asserted By Some Insurers May Be Fast Approaching
  • July 26, 2010 | Authors: Lorelie S. Masters; Michael F. Otto
  • Law Firms: Jenner & Block LLP - Chicago Office ; Jenner & Block LLP - Washington Office ; Jenner & Block LLP - Chicago Office
  • If you believe you have sustained, or may in the future, sustain damages or business interruption in the wake of the oil spill in the Gulf of Mexico at the Deepwater Horizon Rig, you should examine all notice requirements in your insurance policies immediately, and if applicable, provide notice to your insurers as soon as possible of your potential claim. Some insurers are taking the position that 5:00 p.m. E.D.T. on July 8, 2010, is a deadline for policyholders to notify insurers of their claims under certain policies, regardless of when the policyholder became aware of their claim.