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    PCG may file insurance claims for oil spill damage, says DOJ

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    Date
    February 28, 2024
    Author
    San Juan, Joel
    Metadata
    Show full item record
    Classification code
    BM20240228_A2
    Excerpt
    The Department of Justice (DOJ) ruled that the Philippine Coast Guard (PCG) has the authority to consolidate and file claims for insurance amounting to more than P5 billion in connection with the damages caused by the oil spill from the sunken M/T Princess Empress. In a three-page legal opinion signed by DOJ Undersecretary Raul Vasquez “for the secretary of justice,” the justice department said that under Republic Act (RA) 9483 or the “Oil Pollution Compensation Act of 2007,” the PCG “plays an important role in the filing of compensation claims arising from an oil spill incident.”
    Citation
    San Juan, J. R. (2024, February 28). PCG may file insurance claims for oil spill damage, says DOJ. Business Mirror, p. A2.
    URI
    http://hdl.handle.net/20.500.12174/15595
    Associated content
    Online version
    Corporate Names
    Department of Justice (DoJ) Philippine Coast Guard (PCG) National Disaster Risk Reduction and Management Council (NDRRMC)
    Personal Names
    Vasquez, Raul Nepomuceno, Ariel
    Geographic Names
    Oriental Mindoro Calabarzon Mimaropa
    Subject
    oil spills insurance
    Collections
    • BusinessMirror [469]

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