About half the households in Plaquemines Parish, La., are using photocopied form letters to ask for grocery money without any documentation to back up their claims, says the administrator of BP’s $20 billion oil spill compensation fund. Kenneth Feinberg said …
The administrator of BP’s $20 billion fund to compensate people harmed by the Gulf of Mexico oil spill says some whose claims were denied will get paid after all. Kenneth Feinberg says the Gulf Coast Claims Facility expects many of …
As Lloyd’s published its first half results, Luke Savage, the chief financial officer, had a busy day on Tuesday. But he spoke briefly with Insurance Journal on some of the issues the report on the first half raised. As detailed …
Alabama expects to receive billions of dollars in penalties from BP Plc in the wake of the oil spill in the Gulf of Mexico, a state commission said Monday. BP and the White House will probably soon reach an agreement …
The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and U.S. oil spill halved its profits, and said it saw no respite from a steady decline in prices. Lloyd’s, which traces its origins …
BP’s lead investigator into the Gulf of Mexico oil spill told an independent panel of experts recently that the company’s internal probe had limitations. Mark Bly, head of safety and operations for BP PLC, said a lack of physical evidence …
There have been far fewer applicants than expected for money from a $100 million fund BP PLC set up to help deepwater rig workers after a federal moratorium on drilling prompted by the massive oil spill. With nine days left …
Louisiana Attorney General Buddy Caldwell filed an action against several Transocean entities in federal court for the Eastern District of Louisiana on Sept. 14, 2010, seeking declaratory relief against Transocean in association with the Deepwater Horizon Gulf spill. The complaint …
Oil giant BP said it is providing $10 million to the National Institutes of Health (NIH) to support a study of potential public health issues relating to the Gulf of Mexico oil disaster and other spill-related health research. The $10 …
The U.S. judge overseeing the hundreds lawsuits filed by shrimpers, restaurateurs and others against BP Plc and its partners as a result of the Gulf of Mexico oil spill urged the parties on Thursday to consider an agreement to avoid …
