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In page PEPCON disaster:

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PEPCON had only $1 million in stated liability insurance, but costs paid by its insurer significantly exceeded this amount.[4] A courtroom battle involving dozens of insurance companies and over 50 law firms resulted in a $71 million 1992 settlement (equivalent to $116 million in 2018)[5] with contributions from multiple parties including AMPAC/PEPCON and Southwest Gas Corporation that was divided among insurance companies on subrogation claims as well as the victims and their families.[4][2]