British Petroleum Explosion in Texas City
n 2005, there was an explosion in a plant in Texas where there were hundreds of injuries and deaths. British Petroleum eventually settled this case with the Plaintiffs. In determining the damages, a certain sub-group of the Plaintiffs is used to calculate the damages for all of the Plaintiffs. Mr. Bass, a Managing Director at Accumyn and Fellow of the Society of Actuaries, was the expert for British Petroleum regarding the losses for all of the Plaintiffs, whether it be Personal Injury, Wrongful Death or Cost of Future Care.