Lloyd's puts dollar value on BP spill loss

The truth of the matter You and Me will pay in the end, because all insurance of Oil and Gas Drilling will jump and all related cleanup costs will be passed on to the consumer by way of increased prices, fees, fines, penalty's, taxes all will be passed on and payed for by Us.

BOB.C

The $600 million maximum estimate pales in comparison to Lloyd's insurance losses in previous years. The combined might of Hurricane Katrina, Rita and Wilma cost the insurance market $5.856 billion in 2005. In 2006, Hurricane Gustav and Ike produced claims worth $2.574 billion.

Source: edition.cnn.com