June 30, 2010
A U.S. Senate committee Wednesday voted to eliminate limits on liability that oil companies would face for damages stemming from offshore spills like the one in the Gulf of Mexico. The change, if approved and made law, would apply retroactively …
June 29, 2010
Tropical Storm Alex is expected to reach hurricane strength on Tuesday, with high winds and vast waves set to hamper BP Plc’s latest efforts to contain the largest oil spill in U.S. history. Shares in London-based energy giant BP fell …
June 28, 2010
The first time Louisiana shrimp boat captain Louis Buteaux filed a claim with BP Plc to recoup oil spill losses, he was told he didn’t have enough paperwork to prove he actually was the skipper. So he only got $2,500 …
June 28, 2010
Victims of the biggest oil spill in U.S. history should be compensated if their claims would be applicable under state or maritime law, the head of the $20 billion BP spill compensation fund told the Financial Times. In an interview …
June 28, 2010
California Gov. Arnold Schwarzenegger has launched the first-in-the-nation Disaster Corps to professionalize, standardize and coordinate trained disaster volunteers statewide. Disaster Corps volunteers will be registered by their local government organization under the Disaster Service Worker Volunteer Program and will meet …
June 28, 2010
Alex, the hurricane season’s first named tropical storm, reached that level on Friday, but weakened as it moved across the coast of Belize and El Salvador and over Mexico’s Yucatan Peninsula. Two people were reported to have been swept away …
June 28, 2010
Susan Spicer, one of New Orleans’ most prominent and highly regarded chefs, has sued BP Plc for damages to restaurants that have lost normal seafood supplies because of the Gulf of Mexico oil spill. Spicer, who runs the restaurant Bayona …
June 25, 2010
The National Hurricane Center in Miami continues to track a low pressure system, which developed earlier this week [See IJ web site – https://www.insurancejournal.com/news/international/2010/06/14/110696.htm ]. The NHC’s latest bulletin places the system as “centered about 150 miles east-northeast of Cabo …
June 25, 2010
BP Plc faces at least 243 U.S. lawsuits so far arising from its role in the Gulf of Mexico oil spill, in what is considered by some the biggest environmental disaster in U.S. history. The vast majority of the lawsuits …
June 25, 2010
As time ran out on the Louisiana legislative session, lawmakers were unable to complete a deal on a Senate Bill 731, which would have allowed the attorney general to hire outside attorneys on a contingency fee basis, according to the …