Lump Sum for Future Loss “If they don’t like it, they can reject the lump sum.” —Kenneth Feinberg, head of...
Oil Spill News
Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to...
9.8% The average drop in South Carolina workers compensation rates approved by state insurance regulators. Insurance Director Scott Richardson also...
EU Energy Commissioner Guenther Oettinger plans to issue additional requirements for operators of oil platforms in European waters in the...
Catastrophe risk modeling firm AIR Worldwide estimates that insurable losses (losses from properties that are eligible for insurance, whether or...
Tropical storm Alex slowed oil spill clean-up and containment work in the Gulf of Mexico and drove more petroleum into...
The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more...
A U.S. Senate committee Wednesday voted to eliminate limits on liability that oil companies would face for damages stemming from...
BP payout should far exceed what Exxon spent on Valdez The company’s $20 billion fund may not be enough Accountability...
Tropical Storm Alex is expected to reach hurricane strength on Tuesday, with high winds and vast waves set to hamper...