offshore insurers News

Fire on Mexico’s Pemex Offshore Oil Platform Kills at Least 5 Workers, Cuts Production

MEXICO CITY โ€“ Five workers were killed and six injured in Sunday’s fire on an offshore platform in the southern Gulf of Mexico operated by Petroleos Mexicanos (Pemex) that cut about a quarter of Mexico’s oil production, the company said …

U.S. Must Lower Corporate Taxes to Keep Insurers: Travelers CEO Schnitzer

Alan Schnitzer, the new chief executive officer of insurer Travelers Cos., called on U.S. lawmakers to reduce corporate taxes or risk harming business in country. “We continue to see the U.S. corporate income tax rate โ€” the highest of any …