Articles by Kathy Finn

RIMS Report: Insurers, Employers Still Figuring Out Legal Marijuana’s Effects

Following the lead of a pioneering few, more states around the country are warming up to the idea of legalizing marijuana use for medical or recreational purposes, or both. But with legalized pot still in its infancy, it may be …

Bitcoins: The Next Cyberinsurance Risk?

Consumers around the world are racking up more than 100,000 financial transactions every day without using cash, credit cards or a barter system, How are all those buyers doing it? With Bitcoins, of course. The growing use of the six-year-old …

RIMS Report: What Risk Managers Expect from Their Insurance Brokers

A broker who does not fully understand a client’s business or lacks direct links with insurers may not only fall short in advising on coverage but can cause headaches on all sides of the insurance relationship, a policyholder attorney with …

BP, Government Spar Over How Much Oil Spilled Into Gulf

Lawyers for BP Plc and the federal government sparred on Monday over the methods competing teams of scientists used to estimate the size of the company’s 2010 oil spill in the U.S. Gulf of Mexico. U.S. District Judge Carl Barbier …

Clash at Trial: Did BP Lie About Size of Gulf Oil Spill?

In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs’ lawyers said at the opening of the second …

Clash at Trial: Did BP Lie About Size of Gulf Oil Spill?

In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs’ lawyers said on Monday at the opening of …

Judges Question BP Over Its Objections to Oil Spill Claims Payouts

BP Plc drew tough questions on Monday from U.S. appeals court judges hearing a complaint by the oil company objecting to the payment of certain claims for damages related to the Gulf of Mexico spill, casting doubt on BP’s effort …

BP Oil Spill Claims Chief Bracing for Surge in Claims

The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims says he is already bracing for a late surge in filings. …

BP Oil Spill Claims Chief Braces for Surge in Filings

The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a late surge …

Ruling Against BP Clears Way for Appeal of Spill Payouts

A U.S. judge’s ruling Friday against BP Plc means the company can proceed with its appeal of the way a court-appointed administrator apportions payments for claims related to the 2010 Gulf of Mexico oil spill, some of which BP called …