US insurance company nixes coverage for damage related to hydraulic fracturing for oil and gas

By Associated Press, Published: July 12 ALBANY, N.Y. — Nationwide Mutual Insurance Co. has become the first major insurance company to say it won’t cover damage related to a gas drilling process that blasts chemical-laden water deep into the ground. The Columbus, Ohio-based company’s personal and commercial policies “were not designed to cover” risk from the … Continue reading US insurance company nixes coverage for damage related to hydraulic fracturing for oil and gas