BP Plc and its partners in the blown-out Gulf well said on Monday that thousands of fishermen, seafood processors, restaurants, hotel owners and others may not yet have the right to sue over the spill, according to court papers. BP …
Hurricane Karl bore down on Mexico’s central Gulf Coast on Friday, threatening to cause flash floods and mudslides, but it appeared to have spared Mexican offshore oil operations from major damage. Karl, which was projected to produce a storm surge …
In Pascagoula, Miss., on the Gulf Coast, agent Laverne Nelson has to get windstorm coverage for her personal property from the state wind pool. That is because in April her property insurer, MetLife, dropped her wind coverage. Before that, she …
The Opry Mills mall, closed since early May because of flooding, filed a lawsuit Tuesday against 17 insurance companies seeking at least $150 million in claims. The mall, on the site of the old Opryland USA theme park, said in …
Scores of attorneys will jam a federal courtroom today to argue for almost immediate access to emails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico oil spill heats up. …
Catastrophe risk modeling firm AIR Worldwide has released a major update to its Extratropical Cyclone Model for Europe.”Virtually every component of the model has been enhanced through the incorporation of significant quantities of wind speed observations and claims data from …
Hurricane Igor continues to be a dangerous category four storm, the second most powerful category in the five category Saffir-Simpson scale, and is now predicted to possibly hit Bermuda. Officials in Bermuda reportedly have issued a small-boat warning and are …
Hurricane Karl formed in the southern Gulf of Mexico Thursday and gained strength as it headed across Mexico’s offshore oil patch. No damage was reported at Mexican oil drilling platforms and state-run oil giant Pemex has not curtailed operations, but …
Hurricane Igor has weakened a little, but still remains a large and powerful hurricane, the National Hurricane Center reported this morning. The hurricane was about 1,000 miles southeast of Bermuda. It was moving at about 10 mph and has sustained …
Following detailed analysis of property damage from the Darfield, New Zealand, earthquake, Risk Management Solutions said it “estimates that total insured losses will fall between NZD 2.1 billion (US$ 1.5 billion) and NZD 3.5 billion (US$ 2.5 billion).” RMS said …
