Minnesota is suing British Petroleum for $25 million, alleging the company double dipped when it sought state funds on top of insurance payments to clean up contamination from leaking petroleum storage tanks.
The Department of Commerce and Minnesota’s Petrofund Board filed the suit on Feb. 10.
It alleges that from 1988 to 2012, BP received hundreds of millions of dollars in insurance claims to clean up polluted properties statewide. It alleges BP received $25 million from the Petrofund for those same sites.
Before seeking state funds, Petrofund applicants must disclose whether they have insurance, and whether it covers environmental damages. The suit says BP made misrepresentations about its insurance.
BP says it acted in good faith and plans to defend itself against the allegations.
The Petrofund helps applicants cover some costs of cleaning up pollution.
Topics Pollution
Was this article valuable?
Here are more articles you may enjoy.
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
Vehicle Complexity Complicates Auto Valuation, Says JD Power 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
