U.S. oil explorers are talking about forming a new insurance fund that would cover the costs of any future oil spill, to avoid a scenario where smaller companies are unable to drill offshore, a senior industry executive said on Thursday. …
The 2010 Atlantic hurricane season has been very active in the number of storms but is likely to go down as a non-event for most people in the United States, which has so far dodged a major landfall, the top …
In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud — all slowing down the …
Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to emails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico …
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, according to the state’s attorney general, Troy King. BP denied the claim because it said there was …
Scores of attorneys jammed a federal courtroom in New Orleans on Sept. 16 to argue for almost immediate access to e-mails and other documents from BP Plc and its business partners as the legal fight over the Gulf of Mexico …
7.5% Arkansas’ unemployment rate rose by one-tenth of a percentage point in August to 7.5 percent, the first increase since March. The state Department of Workforce Services said the state’s nonfarm payroll jobs decreased by 3,400. The biggest drop came …
3.1% The Property Casualty Insurers Association of America’s (PCI) annual Insurance Compensation Survey shows that property/casualty insurance companies are projecting average salary budget increases of 3.1 percent in 2011, which is slightly higher than the 2.8 percent increase reported in …
Mexico’s federal government could join a list of its states suing the companies blamed for the disastrous Gulf oil spill, claiming damage to fishing and tourism, the plaintiffs’ attorney said this week. Earlier this month, three Mexican states sued British …
A world-class convention center in Gulf Shores. Low-fare airline service at Mobile Regional Airport. A permanent solution to Alabama’s coastal insurance crisis. Those ideas and dozens more were flying through the fall air Tuesday as members of the Alabama Coastal …
