BP’s Deepwater Horizon oil disaster in the Gulf of Mexico was not caused by a single factor but by “multiple companies and work teams,” according to the oil giant’s internal investigation. BP’s report concludes that a sequence of failures involving …
A battle over liability insurance coverage for groups using Oregon state property is brewing, and the Northwest Civil War Council is right in the middle of it. In 2009, the Oregon State Legislature passed Senate Bill 311, which raised the …
China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could unleash as much as $100 billion worth of fresh funding into unlisted firms and the property sector. Chinese insurers are …
A New Hampshire woman is seeking more than $24 million in damages from the maker of a prescription drug she took to ease shoulder pain, but suffered a reaction so severe that she is now blind and scarred by internal …
A federal judge has sentenced a Fort Smith, Arkansas, man to 18 months in prison for lying to the Federal Emergency Management Agency to get disaster assistance for Hurricane Katrina. U.S. District Judge Robert Dawson also on Thursday ordered 46-year-old …
The Internal Revenue Service has released a draft version of the form that small businesses and tax-exempt organizations will use to calculate the small business health care tax credit when they file income tax returns next year. The IRS also …
A flood-control project in the works for more than 20 years should be completed next year, removing 1,500 properties from Sioux Falls’ flood plain, a city official said. Once the flood-control measures are in place, probably by the end of …
Sufficient funds are not available to meet the liabilities of Iowa’s Second Injury Fund, so the state is imposing a $4 million assessment on insurers and self-insured employers in Iowa. Notices were mailed from the Iowa Insurance Division Aug. 16. …
A proposed workers’ compensation overhaul agreed to by business and labor is going to Montana’s full Legislature, despite stiff opposition from trial lawyers and doctors. A legislative committee tasked with fixing an expensive system unanimously approved the plan, sending it …
Industry Came Through Five years after Hurricane Katrina lashed the coast and sunk New Orleans, it is true that the area has largely recovered, but it is not the same Gulf Coast it once was. The same is true for …
