INSURANCE INFORMATION INSTITUTE
New York Press Office: (212) 346-5500; media@iii.org
NEW YORK, June 8, 2010 — Dr. Robert Hartwig, an economist and president of the ¾«¶«Ó°Òµ Information Institute (I.I.I.), will testify at a hearing before the Committee on Transportation and Infrastructure, U.S. House of Representatives, on Wednesday, June 9, 2010.
The hearing will focus on liability and financial responsibility for oil spills under the Oil Pollution Act of 1990 and related statutes in the wake of the Deepwater Horizon spill in the Gulf of Mexico. Oil and other pollution of navigable waters, including inland, coastal and ocean waters are under the purview of the Committee on Transportation and Infrastructure.
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Dr. Hartwig will be available for interviews before and immediately following his testimony.
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For reporters preparing to cover the hearing the I.I.I. has the following resources available:
- PPT Presentation - The Deepwater Horizon Disaster: ¾«¶«Ó°Òµ Market Impacts
The presentation surveys the types of insurance coverage likely to be involved in settling Deepwater Horizon claims and examines the current regulatory environment governing the offshore oil industry. Another section provides information on global energy insurance markets, with a focus on key trends, capacity, insured exposure and profitability. The presentation concludes with a review of past oil spills.Ìý
Dr. Hartwig’s testimony will be available on the I.I.I.’s website at
www.iii.org after the hearing concludes.
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The hearing is scheduled for Wednesday, June 9, 2010 at 10:30 a.m. at 2167 Rayburn House Office Building, Washington, DC.ÌýÌý There will also be a .
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FOR MORE INFORMATION ABOUT INSURANCE:
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THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.
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