Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
Workers’ Comp Dividend Earned by Petroleum Marketers and Convenience Store Group
Dec 21 2007 // Texas Mutual Insurance Company announced a $129,320 dividend to the Texas Petroleum Marketers and Convenience Store Association (TPCA) workers’ compensation purchasing group today. The group’s first dividend...
Sloan Mason Offers Oil and Gas Contractors Program
Dec 13 2007 // Sloan Mason based in San Diego is offering access to a new program for land-based oil and gas contractors nationwide. The company is providing general liability/auto/workers’ compensation with an “A” XV...
Federal Government Sues Ship Owner, Pilot, Insurer over Bay Oil Spill
Dec 3 2007 // The Justice Department filed a lawsuit accusing the pilot and the Hong Kong-based owners of the container ship Cosco Busan of breaking environmental laws when the ship struck a bridge support in San Francisco Bay, spilling...
Cargo Ship Crashes into San Francisco Bay Bridge, Causes Oil Spill
Nov 12 2007 // A cargo ship sideswiped a support on the San Francisco-Oakland Bay Bridge last Wednesday, leaving a gash nearly 100 feet long on the side of the 926-foot vessel, and spilling fuel into the bay. The crash ruptured two fuel...
Supreme Court to Decide on Exxon Valdez Punitive Damages
Oct 31 2007 // The Supreme Court this week agreed to decide whether Exxon Mobil Corp. should pay $2.5 billion in punitive damages in connection with the huge Exxon Valdez oil spill that fouled more than 1,200 miles of Alaskan coastline...
British Petroleum to Pay More Than $370M for Violations in U.S.
Oct 26 2007 // British Petroleum and several of its subsidiaries have agreed to pay approximately $373 million in fines and restitution for environmental violations, the U.S. Department of Justice announced. The sanctions stem from a...
S.C. Clam Farmers Settle for $1.8 Million Following Oil Spill
Oct 22 2007 // More than a dozen South Carolina clam farmers who claimed most of their crop was spoiled by an oil spill five years ago have settled a lawsuit with a shipping line and a dredging firm for nearly $1.8 million. Under the...
Report: Insurance Initiatives Tackling Climate Change Reach New High
Oct 18 2007 // Hundreds of new insurance initiatives, including green building credits, drought-protection in developing countries and incentives for investing in renewable energy and carbon emissions trading are being offered to tackle...
Chubb ‘Green Team’ to Further Develop Renewable Energy Sector
Aug 15 2007 // In response to the accelerating development of environmentally friendly energies, products and technologies, the Chubb Group of Insurance Companies says it has formed a green energy team of underwriters and loss control...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Aug 6 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
In the oil and gas sector, all policies are not the same
Jul 23 2007 // In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims...
Few Kan. Residents Covered by Flood Insurance
Jul 16 2007 // While his flooded neighbors faced an uncertain future, homeowner Bob Foust was already well under way this week repairing the water damage to his house upstream of the refinery’s oil spill. Not only did his house...
Ratings Recap; OIL; Talanx; HDI; Trust; AUGI; Fuji Fire, Pioneer (NZ)
Jul 13 2007 // Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Oil Insurance Ltd. (OIL) and removed them from CreditWatch with negative implications,...
Texas Oil and Gas Contracting Firm Indicted for Workers’ Comp Fraud
Jul 10 2007 // Texas Mutual Insurance Company reported that a Travis County grand jury indicted ZIPCO Services Inc. and its owner, Jerry Don Calicutt, on workers’ compensation fraud-related charges. The indictments allege that...
Lloyd’s Ascot Launches Renewable Energy Insurance Program
Jul 6 2007 // Lloyd’s Ascot Underwriting, which operates Syndicate 1414 and is backed by AIG, announced the establishment of its new renewable energy operation, Renewco Underwriting. Ascot described Renewco as the “first...
ACE Europe Launches Renewable Energy Coverage
Jul 6 2007 // The ACE European Group announced the launch of “ACE Renewable Energy,” a new program which it described as “an innovative insurance solution for UK renewable energy producers and providers in a single...
N.H. Oil Firm Blames Shutdwn on Unpaid Insurance Bill
Jun 25 2007 // New Hampshire customers who were stranded after their oil company shut its doors in April confronted the company’s owners last Friday at a creditors’ hearing in Concord. Rumford Energy closed without warning,...
