June 23, 2010
Workers struggling in the heat to clean up oil from the the ruptured BP well in the Gulf of Mexico risk short-term lung, liver, and kidney damage from fumes, experts said Tuesday. Studies of the health effects after seven supertanker …
June 23, 2010
With BP’s offshore oil gusher in the Gulf of Mexico as a backdrop, the Florida Supreme Court has ruled that commercial fishermen can sue a company that discharged pollutants into Tampa Bay for lost income and profits even though the …
June 23, 2010
The House of Representatives has passed another temporary extension of the National Flood Insurance Program until Sept. 30, 2010. The program has been suspended from issuing new policies since May 31. Reauthorization provisions have been embedded in controversial legislation on …
June 22, 2010
U.S. Rep. Jim Cooper and U.S. Sen. Lamar Alexander say they would secure funding for the Army Corps of Engineers to produce a detailed report of the May flooding in Tennessee. Cooper issued a statement saying he had been told …
June 22, 2010
Risk Management Solutions latest report on heavy floods in southern China indicate that at least 150 people have died, thousands of homes have been destroyed, and over a million residents have been forced to evacuate, as “severe rains and isolated …
June 22, 2010
Eleven East Coast states have told BP they will hold it responsible for any losses caused by its still-growing oil spill in the Gulf, Connecticut’s attorney general said Monday. “Even without oil actually reaching the Connecticut shoreline, this massive oil …
June 21, 2010
As BP Plc rushed to raise cash to pay for the Gulf of Mexico disaster, a partner in the out-of-control well said the British company was likely guilty of “willful misconduct” and should shoulder the financial burden for the worst …
June 21, 2010
British energy giant BP Plc is planning to raise $50 billion to cover the cost of the Gulf of Mexico oil spill, while the head of a $20 billion fund to compensate victims of the accident vowed Sunday that eligible …
June 21, 2010
Owners of nearly 800 properties in a western Indiana town could be forced to buy flood insurance unless the town can provide federal officials proof that its levee system will provide protection. The Federal Emergency Management Agency plans to end …
June 21, 2010
Recent severe flooding in Oklahoma, on top of extensive damage caused by violent storms in May, have caused headaches for property owners and insurers alike in that state. The June deluge caused additional to homes of some residents still waiting …