September 20, 2010
$66,500 The refund that an Indiana insurance agent Timothy Allen Craig will pay to poultry farmers in Mississippi under a settlement announced by Insurance Commissioner Mike Chaney. Chaney said the refund will go to 500 insured farmers for inspections of …
September 20, 2010
$100 Million The cost of property damage claims from Tropical Storm Hermine crept toward $100 million as of Sept. 10, 2010, three days after the storm made landfall in northeastern Mexico, and swept through Texas and into Oklahoma. Insurance Council …
September 20, 2010
Hurricane Igor battered Bermuda with ferocious winds, waves and rain Sunday, felling trees and power lines in the Atlantic island chain in one of the worst storms to hit the British overseas territory. The U.S. National Hurricane Center said the …
September 20, 2010
Interlinked Failures “A complex and interlinked series of mechanical failures, human judgments, engineering design, operational implementation and team interfaces came together to allow the initiation and escalation of the accident.” —A report issued by BP Plc failed to identify any …
September 20, 2010
K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …
September 20, 2010
Oil giant BP said it is providing $10 million to the National Institutes of Health (NIH) to support a study of potential public health issues relating to the Gulf of Mexico oil disaster and other spill-related health research. The $10 …
September 17, 2010
BP Plc has turned down Alabama’s claim for $148 million in lost government revenue due to the worst oil spill in U.S. history, the state’s attorney general, Troy King, said Friday. BP denied the claim because it said there was …
September 17, 2010
The U.S. judge overseeing the hundreds lawsuits filed by shrimpers, restaurateurs and others against BP Plc and its partners as a result of the Gulf of Mexico oil spill urged the parties on Thursday to consider an agreement to avoid …
September 17, 2010
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 …
September 17, 2010
Thirteen families in the heart of the gas-rich Marcellus Shale say their water wells have been contaminated by poisonous fluids blasted deep underground by a drilling company using a technique at the center of a fierce nationwide debate. A faulty …