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A Typical Loss of Production Income (LOPI) claim - IMUA

A Typical Loss of Production Income (LOPI) claim - IMUA

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General Liability<br />

• Separate insurance policy to protect the Operator or ship<br />

owner from <strong>claim</strong>s (and/or lawsuits) from third parties.<br />

• When a liability <strong>claim</strong> is made, the insurance carrier has<br />

the duty (and right) to defend the insured.<br />

• We do not frequently receive these <strong>claim</strong>s, but are well<br />

suited to provide valuable technical assistance to Insurers.<br />

HYDROFRACKING – The scope and magnitude <strong>of</strong> the process, inland marine exposures/issues and community impact. Slide No. 14

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