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BP said to prep insurance claim as costs rise

 Thursday, July 1, 2010

 Forbes.com

BP said the costs of cleaning up the Gulf of Mexico oil spill now total $2.65 billion. The company has received 80,000 claims, and paid more than half of them to the tune of $128 million. A newspaper report in the U.K. Mail on Sunday said BP is going to file claims with Transocean's insurance company. Transocean owned the Deepwater Horizon rig that was drilling for oil at the time of the explosion that led to the spill, and leased it to BP.
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