Posts Tagged ‘Blowout’

Oil Blowout Device Maker Has $500M For Liability

Monday, May 3rd, 2010

Oil Blowout Device Maker Has $500M For Liability
The manufacturer of a fail-safe device on the oil well that is spewing crude into the Gulf of Mexico has $500 million in liability insurance for legal claims. Cameron International Corp. says in a statement that authorities are still investigating and it has already been named in several lawsuits.

Read more on CBS 11 Dallas – Fort Worth