Oil major BP Plc said the oil spill in the Gulf of Mexico had cost it $350 million so far, suggesting the final bill could be much higher than many analysts predicted, and hitting the company’s shares. BP said in …
Leo Tokar has joined the Denver office of Lockton Companies LLC, a privately held insurance broker, as senior vice president, client service executive in the Benefits Department. He will play a key role in developing strategic solutions for Lockton clients …
BP Plc engineers will search for a solution Sunday after suffering a setback in an attempt to contain oil gushing into the Gulf of Mexico with a huge metal dome, dashing hopes for a quick, temporary solution to a growing …
The Oregon Department of Consumer and Business Services Insurance Division is reminding the insurance industry of new credit scoring legislation, which passed in the 2009 Legislative session and apply to personal insurance policies issued or renewed on or after Jan. …
The White House is pushing to lift the limit on how much BP pays for the Gulf Coast oil spill. Press Secretary Robert Gibbs said the administration wants to work with Congress to change a law that caps at $75 …
Suspicious insurance claims from staged accidents are on the rise— and nowhere more than in New York and Florida, two states with no-fault statutes. Overall, the number of questionable claims from staged accidents increased by 46.3 percent from 2007 to …
Vermont lawmakers appear poised to pass a bill cracking down on misclassification of workers by employers looking to avoid paying workers’ compensation premiums and unemployment insurance tax. Backers of the measure — which has been agreed to in a legislative …
Hundreds of serious violations were discovered at 57 troubled U.S. coal mines during surprise inspections just days after the nation’s worst coal mining disaster in 40 years, federal regulators said recently. Six small Kentucky operations had so many problems that …
New York lawmakers hold a roundtable discussion today with insurance agents and industry leaders over the difficulties facing the coastal homeowners insurance market. The meeting at the state legislature was called for by Assemblyman Joseph Morelle (D) and state Senator …
As of last Friday, damages to Nashville from serious flooding were estimated at $1.5 billion, a number Mayor Karl Dean said will climb because all areas had not been checked. Dean said that estimate only includes commercial, industrial and nearly …
