Oil exploration companies like BP Plc and their drilling partners could learn from a little-known U.S. nuclear industry watchdog group that focuses on sharing safety know-how and peer criticism, executives involved with the group said. Two officials from the Institute …
The property/casualty insurance industry is undergoing substantial changes, from regulation to product delivery to technology. One conference that tackles some of the most innovative ideas on how the insurance industry can change and grow is MarketScout’s annual Entrepreneurial Insurance Symposium …
Tropical Depression Seven formed in the far eastern Atlantic Ocean on Wednesday, one of three systems the U.S. National Hurricane Center was monitoring, but none were so far expected to threaten energy production in the Gulf of Mexico. The NHC …
Fire officials in St. Louis are calling a blaze that badly damaged three neighboring homes suspicious. KTVI-TV reports the middle home caught fire early on Aug. 24, with flames damaging homes on both sides of it. The middle home was …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) and the Occupational Safety and Health Administration (OSHA) recently recognized four Texas companies for their outstanding safety programs. The Safety and Health Achievement Recognition Program (SHARP) award recognizes small, private …
A woman has sued BP Plc’s North American subsidiary, claiming excess pollution from the company’s refinery in Texas City, Texas, contributed to her infant child’s death. The lawsuit, which seeks $10 billion in punitive damages, is one of thousands being …
FARA Insurance Services, a provider of claims administration and risk management solutions nationwide, is opening two new locations in Louisiana. This expansion includes 14,000 square foot office in Baton Rouge, La., that will complement FARA’s existing local office. In addition, …
A trial has started over a medical malpractice lawsuit filed against a former northwestern Indiana surgeon captured in Italy after more than five years on the run. The lawsuit is among 300 malpractice suits Mark Weinberger faces from his Merrillville …
Louisiana’s property insurer of last resort has reached a $23 million settlement with thousands of homeowners who say they were not properly compensated after hurricanes Katrina and Rita for work needed to coordinate storm repairs. The dispute centered around the …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of AMEX Assurance Company, a wholly owned subsidiary of American Express Company. The outlook for both ratings is stable. The ratings reflect …