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                    [ArticleID] => 358729
                    [Title] => Napocor readies payment for damage claims in oil spill
                    [Summary] => 



The National Power Corp. (Napocor) said over the weekend that it would soon start paying claims for damages by individuals affected by the oil spill in Semirara Island.


Napocor sources said the amount of payment for the claims would reach P9 million.


"We are now finalizing the lists of claimants and would start the release of payments soon," a source said.


The Government Service Insurance System (GSIS) is the main insurer of the state-run power firm for oil spill damages.


                    [DatePublished] => 2006-09-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 325429
                    [Title] => Napocor won’t receive full claim of P90M for clean-up of Semirara oil spill — GSIS
                    [Summary] => State-owned National Power Corp. (Napocor) will not be able to receive its entire P90-million insurance claim from the Government Service Insurance System (GSIS) for the clean-up of the Semirara oil spill, a ranking GSIS official said.


"We will pay once the adjuster determines the liability but we don’t believe it will reach P90 million. Normally, claims are inflated," GSIS president Winston Garcia told reporters.


                    [DatePublished] => 2006-03-11 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 321485
                    [Title] => Napocor spends P19M to clean up Semirara oil spill
                    [Summary] => Semirara Island – The state-owned National Power Corp. (Napocor) has spent some P19 million for the clean up of the oil spill in this island last December, a ranking company official said.


In a visit to assess the progress of the clean-up operation in the area, Napocor president Cyril del Callar said the power firm will talk with the Government Service Insurance System (GSIS), the main insurer of Napocor to collect the cost of oil spill damage.


                    [DatePublished] => 2006-02-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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BRITISH MARINE INSURANCE

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                    [ArticleID] => 358729
                    [Title] => Napocor readies payment for damage claims in oil spill
                    [Summary] => 



The National Power Corp. (Napocor) said over the weekend that it would soon start paying claims for damages by individuals affected by the oil spill in Semirara Island.


Napocor sources said the amount of payment for the claims would reach P9 million.


"We are now finalizing the lists of claimants and would start the release of payments soon," a source said.


The Government Service Insurance System (GSIS) is the main insurer of the state-run power firm for oil spill damages.


                    [DatePublished] => 2006-09-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 325429
                    [Title] => Napocor won’t receive full claim of P90M for clean-up of Semirara oil spill — GSIS
                    [Summary] => State-owned National Power Corp. (Napocor) will not be able to receive its entire P90-million insurance claim from the Government Service Insurance System (GSIS) for the clean-up of the Semirara oil spill, a ranking GSIS official said.


"We will pay once the adjuster determines the liability but we don’t believe it will reach P90 million. Normally, claims are inflated," GSIS president Winston Garcia told reporters.


                    [DatePublished] => 2006-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                )

            [2] => Array
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                    [ArticleID] => 321485
                    [Title] => Napocor spends P19M to clean up Semirara oil spill
                    [Summary] => Semirara Island – The state-owned National Power Corp. (Napocor) has spent some P19 million for the clean up of the oil spill in this island last December, a ranking company official said.


In a visit to assess the progress of the clean-up operation in the area, Napocor president Cyril del Callar said the power firm will talk with the Government Service Insurance System (GSIS), the main insurer of Napocor to collect the cost of oil spill damage.


                    [DatePublished] => 2006-02-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Napocor readies payment for damage claims in oil spill

By Donnabelle L. Gatdula | September 18, 2006 - 12:00am

The National Power Corp. (Napocor) said over the weekend that it would soon start paying claims for damages by individuals affected by the oil spill in Semirara Island. Napocor sources said the amount of...

Business

Napocor won’t receive full claim of P90M for clean-up of Semirara oil spill — GSIS

By Donnabelle L. Gatdula | March 11, 2006 - 12:00am

State-owned National Power Corp. (Napocor) will not be able to receive its entire P90-million insurance claim from the Government Service Insurance System (GSIS) for the clean-up of the Semirara oil spill, a ranking...

Business

Napocor spends P19M to clean up Semirara oil spill

By Donnabelle L. Gatdula | February 13, 2006 - 12:00am

Semirara Island – The state-owned National Power Corp. (Napocor) has spent some P19 million for the clean up of the oil spill in this island last December, a ranking company official said. In a visit to assess...

Business