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 …
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 …
Companies cannot afford to ignore the changing nature of business in the information age. More than any other commodity, information and its dissemination have changed in inalterable ways in the past decade. Where in the past information required diligent research …
The Schultz fire burning in Arizona near Flagstaff has incurred up to $5 million in claims to date, according to the latest National Interagency Coordination Center Incident Management Situation Report. To date, 14,800 acres have burned, and the fire is …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the ICR of “bbb” and debt ratings of the …
Some recounted their days at the smoldering ruins of the World Trade Center. Some fought back tears. Some complained that no amount of money would make them whole. Despite the mixed emotions, most of the responders on Sept. 11, 2001, …
The National Weather Service says it has confirmed the presence of a low-level tornado during the severe weather that swept through parts of central Pennsylvania. Meteorologists say the EF-0 tornado with winds up to 80 mph touched down briefly at …
Campanello Construction Co. (CCS), based in Dallas, has been accepted into Crawford Contractor Connection insurance restoration network. Campanello Construction specializes in residential and commercial repairs that include roofing, flooring, concrete, and other general contractor repairs. In order to join Crawford …
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 …
Iowa Gov. Chet Culver had added Hancock and Wright to a disaster emergency proclamation because of severe weather. He added the counties after powerful storms hit northern Iowa with heavy rain that caused flash flooding and produced several tornadoes. The …