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Article: Oil marketers must take some responsibility for insurance troubles.

Article from:
The Oil Daily
Article date:
April 24, 1986
Author:
Copyright

Oil Marketers Must Take Some Responsibility for Insurance Troubles

IT'S ABOUT time that oil marketers themselves take some responsibility for their current problems in the insurance industry "crisis'.

Premiums have escalated, often spectacularly, coverage availability has shrunk during the past year and many oil marketers are taking the position that it is they who are the victims of insurance company mismanagement and/or trial lawyer greed. They act as if the situation caught them by surprise and call for government intervention as their main hope for relief.

Let's take a moment to look at another side of the story. Oil marketers had plenty of ...

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