June 1, 2010
Carol Terrebonne, a wholesale retailer who buys shrimp off the boats in southern Louisiana, laughs when asked about the $5,000 hardship payout she has received from energy giant BP to cushion the economic impact of the Gulf oil spill. “It …
June 1, 2010
Oil from BP’s out-of-control Gulf of Mexico oil spill could threaten the Mississippi and Alabama coasts this week, U.S. forecasters said Monday, as public anger surged over the country’s worst environmental disaster. U.S. government and BP officials are warning that …
June 1, 2010
Two workers injured when an oil rig exploded in the Gulf of Mexico told Congress that the companies in charge of the doomed drilling operation cut corners and neglected maintenance in a race toward higher profits. Oil has been spewing …
June 1, 2010
Louisiana lawmakers have agreed to a $68 million, five-year contract to hire a Mandeville company to run much of the claims processing and management currently handled by the state’s Office of Risk Management. The risk management office is the state’s …
June 1, 2010
Louisiana Workers’ Compensation Corporation (LWCC) has promoted Lloyd Colvin to Occupational Medicine manager. Colvin succeeds Jules P. Debetaz, who retired in May. Colvin has an extensive background in provider relations. He has been with LWCC for 12 years, serving as …
May 28, 2010
Hurricanes could rupture underwater oil and natural gas pipelines in the Gulf of Mexico, which is already struggling with the worst oil spill in U.S. history, according to a new study by researchers at the U.S. Naval Research Laboratory in …
May 28, 2010
The median six-month auto insurance rate in Oregon has decreased approximately 4.3 percent over the past six months to reach $577 according to InsWeb, an online insurance comparison provider. InsWeb also reported Oregon median auto insurance rates segmented by specific …
May 27, 2010
The threat of an above-average 2010 Atlantic hurricane season has heightened over the past month and it now promises to be “a hell of a year,” a leading U.S. forecaster said Wednesday. William Gray, the hurricane forecast pioneer who founded …
May 27, 2010
The insurance industry continues to lose its battle against a proposed ban on property insurers dropping or changing coverage because of corrosive Chinese-made drywall. The proposal will be debated by the full House after getting approval from the House Insurance …
May 27, 2010
The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …