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