BP Plc has done a poor job settling oil spill claims quickly and efficiently but pursuing the claims in court might be worse, Florida officials said Tuesday. Governor Charlie Crist and Attorney General Bill McCollum have assembled a panel to …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Iowa-based Toyota Motor Insurance Company (TMIC), both with stable outlooks. The ratings reflect the company’s “adequate capitalization and improved operating performance,” …
President Barack Obama will press BP executives this week to set up an escrow account to pay damage claims by individuals and businesses hurt by the Gulf of Mexico oil spill disaster. The move comes as Obama, who will address …
The owners of a Belzoni convenience store shouldn’t be liable after a man was shot and wounded in its parking lot, attorneys for the business told the Mississippi Supreme Court this week. Justices heard arguments in the appeal of a …
Attorneys general in Florida and Mississippi are upping the political pressure on BP over the oil gusher that is threatening their states and the entire Gulf Coast. Florida Attorney General McCollum sent a letter to BP asking the company to …
Federal and state agencies have approved more than $4.6 million in the past five weeks to help people recover from tornadoes, floods and severe storms this spring in Mississippi. Of that total, more than $3.5 million has been approved by …
A proposal to shield Mardi Gras float-builders from some liability claims for accidents on the parade route was scuttled by a Louisiana Senate committee after opponents argued the state shouldn’t give such protections to private companies. Rep. Jeff Arnold, D-New …
A federal judge has dismissed a lawsuit filed by two Gulf Coast attorneys who had accused former attorney Richard “Dickie” Scruggs and associated law firms of using money owed to them in a scheme to bribe judges and other elected …
New research by U.S. Geological Survey scientists is casting doubt on the long-held idea that the New Madrid fault zone in Missouri’s Bootheel unleashed a series of devastating earthquakes in 1811 and 1812. In a new study, the researchers say …
State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies and State Farm agents will continue to help their customers with …
