Teams of workers in protective boots and gloves scoured Alabama’s Dauphin Island Wednesday for washed up tar balls and tar patties that have put the 14-mile-long resort in the front line of the state’s fight against the Gulf of Mexico …
The U.S. Deepwater Horizon and Venezuelan Aban Pearl drilling rig losses have left upstream energy insurers with an unprecedented bill of $795 million within the space of a single month, destabilizing the market and driving up rates, according to a …
Oil sheen and tar balls have washed ashore on a northwest Florida beach crowded with holidaymakers and swimmers in what appeared to be the first impact on the state from the Gulf of Mexico oil spill, authorities and witnesses said …
For days now, Dr. Damon Dietrich has seen patients come through his emergency room at West Jefferson Medical Center with similar symptoms: respiratory problems, headaches and nausea. In the past week, 11 workers who have been out on the water …
Reinsurers have bumped up prices for offshore energy-related insurance premiums by 50 percent following insurance industry losses of up to $3.5 billion from the BP plc oil spill in the Gulf of Mexico, Moody’s Investor Service said in a report …
The 2010 Atlantic hurricane season will be even more active than feared, leading U.S. forecasters said Wednesday as they predicted 10 hurricanes, five of them major, with a 76 percent likelihood that a major hurricane would hit the U.S. coastline. …
Florida’s Division of Emergency Management, under a second director since Craig Fugate left a year ago to run its federal counterpart, is getting a jump start on the hurricane season. With the storm season to begin Tuesday, the agency has …
The 2010 Atlantic hurricane season is likely to produce 10 hurricanes, five of them major, the Colorado State University hurricane forecasting team said Wednesday, increasing a previous estimate for a “very active” season. The report confirms earlier warnings that more …
Catastrophe risk modeling firm AIR Worldwide has released a report that examines the implications of the Gulf oil spill on the upcoming hurricane season as well as indications of what this might mean to wildlife, ecosystems, business, and insurance interests. …
Carol Terrebonne, a wholesale retailer who buys shrimp off the boats in southern Louisiana, laughs when asked about the $5,000 hardship payout she has received from energy giant BP to cushion the economic impact of the Gulf oil spill. “It …
