Attorneys general in Florida and Mississippi are upping the political pressure on BP over the oil gusher that is threatening their states and the entire Gulf Coast. Florida Attorney General McCollum sent a letter to BP asking the company to …
Coal miner Massey Energy Co criticized a U.S. mine safety official’s comments Thursday, saying the process of dealing with safety violations is biased against mining companies. “We are disappointed in the comments by MSHA (U.S. Mine Safety and Health Administration),” …
The chances of BP declaring bankruptcy to deal with oil-spill claims are remote for now, bankruptcy professionals said, although that option would be open to the company if liabilities became overwhelming — and that very much depends on when the …
Swiss Re is hosting an “Investors Day” Conference in London focused on the current state of the reinsurance market, its future prospects and the potential reguylatory changes affecting capital. The reinsurer said it expects the growth outlook for the reinsurance …
A San Jose, Calif., man has been arrested for automobile insurance fraud, the California Department of Insurance reported. Keith Alves was arrested and booked at the Santa Clara County Jail on a $25,000 felony warrant for auto insurance fraud. If …
Alaska, Hawaii and North Carolina get thumbs up while New Jersey, New York and Florida get thumbs down for their tort liability costs and risks in the latest ranking by a free-market think tank. The states with the worst performance …
Yolande Sprague could be forgiven for feeling virtuous. Four years ago, just after giving birth to her second child, the Dover, new Hampshire stay-at-home mom heard about BPA, a chemical inside some plastics that can leach into water or food …
BP brought another $25 million to Florida on Tuesday, but instead of a thank you they got a lot more criticism. Between barrages, Gov. Charlie Crist and three independently elected Cabinet members asked for more money and said they want …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of New York Marine Group. The ratings also apply to the two members of the group, New York Marine and …
A Lyndhurst, Virginia frozen food distributor has been fined $14,000 in connection with the death of an employee. The News Virginian of Waynesboro reports that a state Department of Labor and Industry investigation found serious safety violations at Burris Logistics. …