May 11, 2010
PURE Risk Management LLC, based in White Plains, N.Y., is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer comprehensive, customized property and casualty insurance coverage to responsible owners of well-built, high-value homes in Texas. The …
May 10, 2010
A dispute between an insurance company and a retired Navy admiral over coverage of damages from Hurricane Katrina has made its way to the Mississippi Supreme Court. The case is among dozens the Supreme Court will hear during its May-June …
May 10, 2010
Oil major BP Plc said the oil spill in the Gulf of Mexico had cost it $350 million so far, suggesting the final bill could be much higher than many analysts predicted, and hitting the company’s shares. BP said in …
May 10, 2010
BP Plc engineers will search for a solution Sunday after suffering a setback in an attempt to contain oil gushing into the Gulf of Mexico with a huge metal dome, dashing hopes for a quick, temporary solution to a growing …
May 10, 2010
The White House is pushing to lift the limit on how much BP pays for the Gulf Coast oil spill. Press Secretary Robert Gibbs said the administration wants to work with Congress to change a law that caps at $75 …
May 6, 2010
The family of Mississippi oil rig worker Aaron Dale Burkeen have filed a wrongful death lawsuit over the April 20 oil rig explosion in which he died. Houston, Texas-based attorney Kurt Arnold said in a statement the lawsuit was filed …
May 6, 2010
Three workers forced to escape on lifeboats after an explosion aboard an offshore drilling platform claimed in a lawsuit they were kept floating at sea for more than 10 hours while the rig burned uncontrollably. “After these guys were pulled …
May 4, 2010
The Main Street America Group has introduced its products to nearly 200 independent agents who represent new affiliate Grain Dealers Mutual Insurance Co. throughout North Carolina, Virginia and Tennessee. Specifically, super regional carrier Main Street America launched its commercial and …
May 4, 2010
BP Plc said Monday that waiver clauses in contracts it offered to Alabama fishermen to help fight the Gulf of Mexico oil spill had drawn allegations that it was trying to buy them off to give up the right to …
May 4, 2010
A weekend deluge burst rivers and creeks from their banks across Tennessee and neighboring U.S. states Monday, killing at least 22 people and forcing thousands to evacuate homes and hotels. The overflowing Cumberland River shut down bars and clubs in …