Oil & Gas Companies Seek More D&O Insurance as Bankruptcies Loom June 10, 2020 By Laura Sanicola and Shariq Khan The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and...
Railroads Resist Oil Companies’ Demands for Storage in Rail Cars Citing Safety Concerns April 13, 2020 By Devika Krishna Kumar and Laura Sanicola Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to safety concerns,...
With Premiums Up Due to Accidents, Chemical, Refinery Plants Cut Back on Insurance January 30, 2020 By Laura Sanicola U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the...
Bankrupt Philadelphia Refinery Expects Second Insurance Payment December 16, 2019 By Laura Sanicola Insurers of Philadelphia Energy Solutions (PES) have indicated they will make a second payment of $15 million from its property...